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Central bank maintains 9 percent prime rate

In Uncategorized on December 16, 2010 at 10:06 am

The State Bank of Vietnam (SBV) has decided to keep the prime interest rate in VN$ unchanged at 9 percent per year.

The decision No. 2868/QD-NHNN, which was issued on Nov. 29, takes effect from December 1 to replace Decision No. 2619/QD-NHNN issued on Nov. 5 by the Governor of the State Bank.

This is the second consecutive month the prime interest rate remains at 9 percent. Earlier, a prime interest rate of 8 percent was applied for nearly 12 months.

Source: SGGP

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