The State Bank of Vietnam has just announced a 1% cut on prime interest rates as from March 26...
The State Bank of Vietnam has just announced a 1% cut on prime interest rates as from March 26.
Accordingly, the refinance rate will be lowered to 8% per annum from 9% per annum; and the discount rate will be reduced to 6% per annum from 7% per annum.
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The deposit interest rate on VND for terms from one month to under 12 months also will be cut to 8% per annum from 7.5% per annum.
T.T
