Decision No. 951/QD-NHNN dated May 23, 2023 on maximum interest rates of deposits in Vietnam Dong of organizations and individuals at credit institutions and foreign bank branches according to Circular No. 07/2014/TT-NHNN
Decision No. 951/QD-NHNN dated May 23, 2023 on maximum interest rates of deposits in Vietnam Dong of organizations and individuals at credit institutions and foreign bank branches according to Circular No. 07/2014/TT-NHNN
Sign: | 951/QD-NHNN | Document type: | Decision |
Promulgation place: | Ngân hàng Nhà nước Việt Nam | Signer: | Pham Thanh Ha |
Promulgation day: | 23/05/2023 | Effect day: | Known |
Announcement day: | Updating | Announcement number: | Updating |
Status: | Known |
Sign: | 951/QD-NHNN |
Document type: | Decision |
Promulgation place: | Ngân hàng Nhà nước Việt Nam |
Signer: | Pham Thanh Ha |
Promulgation day: | 23/05/2023 |
Effect day: | Known |
Announcement day: | Updating |
Announcement number: | Updating |
Status: | Known |
(No content)
Because you are not logged in, you could only view Property of Document. You couldnot view Effect of Document, Document Related, Document alternative, Original document, English documents,...
If you don't have Account yet, please register Account here
(No content)
STATE BANK OF
VIETNAM |
SOCIALIST
REPUBLIC OF VIETNAM |
No. 951/QD-NHNN |
Hanoi, May 23, 2023 |
THE GOVERNOR OF THE STATE BANK OF VIETNAM
- Pursuant to the Law on State Bank of Vietnam No. 46/2010/QH12 dated June 16, 2010;
- Pursuant to the Law on Credit Institutions No. 47/2010/QH12 dated June 16, 2010 and the Law on amendments to the Law on Credit Institutions No. 17/2017/QH14 dated November 20, 2017;
- Pursuant to the Government's Decree No. 102/2022/ND-CP dated December 12, 2022 prescribing functions, tasks, powers and organizational structure of the State Bank of Vietnam;
- Pursuant to Circular No. 07/2014/TT-NHNN dated March 17, 2014 of Governor of State Bank of Vietnam on interest rates of deposits in Vietnam Dong of organizations and individuals at credit institutions;
- At the request of the Director of the Monetary Policy Department.
...
...
...
Article 1. Maximum interest rates of deposits in Vietnam Dong (VND) of organizations (except credit institutions and foreign bank branches) and individuals at credit institutions and foreign banks branches according to Circular No. 07/2014/TT-NHNN dated March 17, 2014 are as follows:
1. The maximum interest rate of demand deposits and deposits with a term less than 1 month is 0,5%/year.
2. The maximum interest rate of deposits with a term from 1 month to less than 6 months is 5,0%/year. Particularly, people's credit funds and microfinance institutions shall apply the maximum interest rate of 5,5%/year with respect to deposits with a term from 1 month to less than 6 months.
2. Interest rates of term deposits in VND of organizations and individuals at credit institutions and foreign bank branches made before the effective date hereof shall continue to be applied until these term deposits reach their maturity dates; in case these term deposits are not withdrawn at their maturity dates, the interest rates of these term deposits shall be calculated according to this Decision.
Article 3. The Chief of Office, the Director of the Monetary Policy Department, heads of units affiliated to the State Bank of Vietnam, credit institutions and foreign bank branches are responsible for the implementation of this Decision./.
...
...
...
Because you are not logged in, you could only view Property of Document. You couldnot view Effect of Document, Document Related, Document alternative, Original document, English documents,...
If you don't have Account yet, please register Account here
Because you are not logged in, you could only view Property of Document. You couldnot view Effect of Document, Document Related, Document alternative, Original document, English documents,...
If you don't have Account yet, please register Account here
Because you are not logged in, you could only view Property of Document. You couldnot view Effect of Document, Document Related, Document alternative, Original document, English documents,...
If you don't have Account yet, please register Account here
Because you are not logged in, you could only view Property of Document. You couldnot view Effect of Document, Document Related, Document alternative, Original document, English documents,...
If you don't have Account yet, please register Account here
Because you are not logged in, you could only view Property of Document. You couldnot view Effect of Document, Document Related, Document alternative, Original document, English documents,...
If you don't have Account yet, please register Account here