State bank of vietnam discount rate
With inflation falling to lower single digits The Central Bank cut its refinancing rate by 50 basis points in 2014 from 7 percent to 6.5 percent and its discount rate The English translation provided by the State Bank of Vietnam Portal may only be used for reference. In case a different interpretation of the translated information contained in this website arises, the original Vietnamese shall prevail The benchmark refinance rate will be lowered to 6% from 6.25% from Sept. 16, the State Bank of Vietnam said on its website Friday. The discount rate and overnight lending rate in the inter-bank The central bank of Vietnam lowered its benchmark refinancing rate by 100bps to 5% on March 17th, 2020, to minimize the impact of COVID-19 epidemic supporting credit institutions in case they need to access capital. Interest Rate in Vietnam averaged 7.19 percent from 2000 until 2020, reaching an all time high of 15 percent in June of 2008 and a record low of 4.80 percent in August of 2000 The data reached an all-time high of 15.000 % pa in Feb 2012 and a record low of 4.800 % pa in Feb 2003. Vietnam’s Refinancing Rate data remains active status in CEIC and is reported by State Bank of Vietnam. The data is categorized under Global Database’s Vietnam – Table VN.M001: Prime Rate, Refinancing Rates and Discount Rate. The State Bank of Vietnam would hold its benchmark refinancing and discount rate at 6.25 per cent and 4.25 per cent, respectively, along with its 14 per cent credit growth target to be kept for the remainder of 2019, Fitch Solutions analysts have predicted. The State Bank of Vietnam announced a surprise 25 basis point interest rate cut on September 13, which would take its refinancing and discount rates to 6.00% and 4.00%, from 6.25% and 4.25% previously, effective September 16.
Vietnam - Interest Rate State Bank of Vietnam joins the global easing wave in September to ward off growth risks. On 16 September, the State Bank of Vietnam (SBV) reduced four key interest rates by 0.25 percentage points each, including the refinancing rate, which now sits at 6.00%.
The State Bank of Vietnam (SBV) said the official interest rates will be adjusted down as from September 16. The headquarters of the State Bank of Vietnam in Hanoi (Photo: State Bank of Vietnam) Under Decision 1870/QD-NHNN dated September 12, 2019, the re-financing rate will be reduced to 6 percent per annum from the current 6.25 percent. Last 5 years average Vietnam had an average Central bank discount rate of 8.97 (%) in the last 5 years from (2007 to 2012). Vietnam since the end of the Great Recession Vietnam's Central bank discount rate had a positive growth of 12.5% since the end of the Great Recession Vietnam - Interest Rate State Bank of Vietnam joins the global easing wave in September to ward off growth risks. On 16 September, the State Bank of Vietnam (SBV) reduced four key interest rates by 0.25 percentage points each, including the refinancing rate, which now sits at 6.00%. The State Bank of Vietnam (SBV) has reduced its prime interest rates and the cap on short-term loan rates as from July 10 to serve demand for capital in some economic sectors.
The Governor of the State Bank of Vietnam hereby promulgates the Circular on This Circular deals with lending transactions of credit institutions and/or foreign bank interest rate levels and methods for calculating the interest rate on a loan.
14 Sep 2019 The discount rate will be adjusted to 4 percent per annum from the current 4.25 percent. The overnight electronic inter-bank interest rate and rate
Vietnam – Table VN.M001: Prime Rate, Refinancing Rates and Discount Rate. 1997 - 2020 | Monthly | % pa | State Bank of Vietnam. Vietnam's Refinancing
2 days ago The State Bank of Vietnam (SBV) will cut its policy rates starting from refinance rate to 5 percent from 6 percent and the discount rate to 3.4 to effectively and efficiently implement a monetary policy, the State Bank of. Vietnam needs rate and the discount rate the lower rate for lending from the SBV. According to the 1998 Law on the State Bank of Vietnam (SBV), the task of trade-weighted exchange rate while also stabilizing inflation without having to impose a The refinancing rate and the discount rate together define the upper and. Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010; Interest rate: The interest rate of a SBV bill shall be subject to SBV's decision which is SBV bills are issued at a discount from the face value of the bill and the holder With inflation falling to lower single digits The Central Bank cut its refinancing rate by 50 basis points in 2014 from 7 percent to 6.5 percent and its discount rate The English translation provided by the State Bank of Vietnam Portal may only be used for reference. In case a different interpretation of the translated information contained in this website arises, the original Vietnamese shall prevail The benchmark refinance rate will be lowered to 6% from 6.25% from Sept. 16, the State Bank of Vietnam said on its website Friday. The discount rate and overnight lending rate in the inter-bank
Discount Rate, 3.500%, 418/QĐ-NHNN ngày 16/03/2020, 03-17-2020. Refinancing rate, 5.000% Inter - Bank Interest Rate State Bank of Vietnam Portal
The English translation provided by the State Bank of Vietnam Portal may only be used for reference. In case a different interpretation of the translated information contained in this website arises, the original Vietnamese shall prevail The benchmark refinance rate will be lowered to 6% from 6.25% from Sept. 16, the State Bank of Vietnam said on its website Friday. The discount rate and overnight lending rate in the inter-bank
The data reached an all-time high of 15.000 % pa in Feb 2012 and a record low of 4.800 % pa in Feb 2003. Vietnam’s Refinancing Rate data remains active status in CEIC and is reported by State Bank of Vietnam. The data is categorized under Global Database’s Vietnam – Table VN.M001: Prime Rate, Refinancing Rates and Discount Rate.