THE STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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No. 10259/NHNN-CSTT
Re: implementing measures on credit activity and interest rate

Hanoi, November 20, 2008

 

To: Credit institutions

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1. To adjust business interest rates in Vietnam Dong in line with provisions of the State Bank of Vietnam and ensuring the ability of capital mobilization, safe and effective business operation.

2. To gather credit capital for production, agriculture and rural areas, especially for the production of rice in Winter- Spring rice crop by farmers' households, export, import of essential commodities, small and medium sized enterprises, projects of production, business investment and projects of real estates investment which are feasible, effective and capable of making debt repayment in the due course.

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Any difficulty, query that may arise during the implementation process should be timely reported by credit institutions to State Bank of Vietnam for consideration and solution.

 

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FOR THE GOVERNOR OF THE STATE BANK OF VIETNAM
DEPUTY GOVERNOR




Tran Minh Tuan

 

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