In order to continue implementing consistent measures of preventing dollarization, and changing the relation of mobilizing and lending in foreign currencies into the relation of buying and selling in foreign currencies, the State Bank of Vietnam (SBV) issued Decision No. 2589/QĐ-NHNN on December 17, 2015 on the maximum USD mobilizing interest rates for entities and individuals with credit institutions and foreign bank branches prescribed in Circular No.06/2014/TT-NHNN dated March 17, 2014.
thông báo về tỳ giá
Accordingly, the maximum USD mobilizing interest rate for entities (excluding credit institutions and foreign bank branches) is 0% p.a and the maximum USD mobilizing interest rate for individuals is 0.% p.a.
The Decision takes effect from December 18, 2015 and replaces Decision No. 1938/QĐ-NHNN dated September 25, 2015 on the maximum USD mobilizing interest rates for entities and individuals with credit institutions and foreign bank branches prescribed in Circular No.06/2014/TT-NHNN dated March 17, 2014.
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