From April 3rd, 2023, the refinancing interest rate of credit institutions, foreign banks' branches shall be reduced from 6% to 5.5%
Particularly, the rediscount interest rate and interest rate applicable to overnight loans in the inter-bank electronic payment are remained unchanged at 3.5% per annum and 6% per annum, respectively
This Decision takes effect from April 3rd, 2023 and replaces Decision No. 313/QD-NHNN dated March 14th, 2023.
|Published||Vietlaw's Newsletter No. 605|
950/QĐ-NHNN - Refinancing interest rate shall be reduced to 5% per annum