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Central bank revises up interest rates by 1% from October 25
Customers at a counter of the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank). VNA Photo: Trần Việt
Customers at a counter of the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank). VNA Photo: Trần Việt
Customers at a counter of the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank). VNA Photo: Trần Việt
VNA Photos
Central bank revises up interest rates by 1% from October 25
10/25/2022 09:27
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TTXVN
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The State Bank of Vietnam on October 24 decided to revise up several interest rates by 1%, starting from October 25. Accordingly, the refinancing interest rate will be set at 6% per year, rediscount at 4.5%, and overnight inter-banking lending rate at 7%. The maximum interest rate for non-term and one-month deposits in VND is capped at 1% annually and that for 1-6 month deposits, 6%. Deposits of 1-6 months at people’s credit funds and micro-finance organisations will enjoy an annual interest rate of 6.5%. VNA Photo: Trần Việt
Central bank revises up interest rates by 1% from October 25
The State Bank of Vietnam on October 24 decided to revise up several interest rates by 1%, starting from October 25. Accordingly, the refinancing interest rate will be set at 6% per year, rediscount at 4.5%, and overnight inter-banking lending rate at 7%. The maximum interest rate for non-term and one-month deposits in VND is capped at 1% annually and that for 1-6 month deposits, 6%. Deposits of 1-6 months at people’s credit funds and micro-finance organisations will enjoy an annual interest rate of 6.5%. VNA Photo: Trần Việt
Central bank revises up interest rates by 1% from October 25
The State Bank of Vietnam on October 24 decided to revise up several interest rates by 1%, starting from October 25. Accordingly, the refinancing interest rate will be set at 6% per year, rediscount at 4.5%, and overnight inter-banking lending rate at 7%. The maximum interest rate for non-term and one-month deposits in VND is capped at 1% annually and that for 1-6 month deposits, 6%. Deposits of 1-6 months at people’s credit funds and micro-finance organisations will enjoy an annual interest rate of 6.5%. VNA Photo: Trần Việt
Central bank revises up interest rates by 1% from October 25
The State Bank of Vietnam on October 24 decided to revise up several interest rates by 1%, starting from October 25. Accordingly, the refinancing interest rate will be set at 6% per year, rediscount at 4.5%, and overnight inter-banking lending rate at 7%. The maximum interest rate for non-term and one-month deposits in VND is capped at 1% annually and that for 1-6 month deposits, 6%. Deposits of 1-6 months at people’s credit funds and micro-finance organisations will enjoy an annual interest rate of 6.5%. VNA Photo: Trần Việt
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