SBV announces new interest rates
VGP – The State Bank of Việt Nam (SBV) announced that the ceiling interest rate will be slashed by 1% for credit organizations to 13% per year.
March 12, 2012 6:57 PM GMT+7
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The maximum interest rate for one-month terms is 5% per year and over one month of 13.5%.
The overnight loan, discounting and refinancing interest rates stand at 15%, 12% and 14%, respectively, 1% lower than before.
By Thùy Dung
