ID :
148932
Sat, 11/06/2010 - 06:58
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Shortlink :
http://m.oananews.org//node/148932
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The State Bank of Vietnam (SBV) on November 5 decided to raise the prime rate to 9 percent per annum
Hanoi (VNA) – The State Bank of Vietnam (SBV) on November 5 decided to raise
the prime rate to 9 percent per annum after keeping it at 8 percent for almost a
year.
Under the SBV’s decision, the refinancing, re-discount and overnight lending
rates will be also lifted to 9 percent, 7 percent and 9 percent a year,
respectively, as of Nov. 5.
The central bank reported that by the end of October, total deposits at credit
institutions had risen by 22.81 percent and lendings up by 22.5 percent as
compared with the figures at the end of 2009.-Enditem
the prime rate to 9 percent per annum after keeping it at 8 percent for almost a
year.
Under the SBV’s decision, the refinancing, re-discount and overnight lending
rates will be also lifted to 9 percent, 7 percent and 9 percent a year,
respectively, as of Nov. 5.
The central bank reported that by the end of October, total deposits at credit
institutions had risen by 22.81 percent and lendings up by 22.5 percent as
compared with the figures at the end of 2009.-Enditem
