STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No. 2870/NHNN-CSTT
Ref: implementation of interest rate support mechanism

Hanoi, April 19, 2010

 

 To:

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Pursuant to proposal of several commercial banks and State Bank branches in provinces, cities, the State Bank of Vietnam hereby provides guidance on giving 100% interest rate support to loans provided under agreement interest rate as follows:

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2. State Bank branches in provinces, cities shall carry out, within their competence, the examination, supervision and inspection, treatment for commercial banks, finance companies in the local area which fail to comply with the contents stated in this document.

 

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FOR THE GOVERNOR OF THE STATE BANK OF VIETNAM
DEPUTY GOVERNOR




Nguyen Dong Tien

 

Address: 17 Nguyen Gia Thieu street, Ward Vo Thi Sau, District 3, Ho Chi Minh City, Vietnam.
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