Decision No. 306/1999/QD-NHNN1 of September 01 , 1999, on the adjustment of the maximum interest rate of US$ deposits of legal entities at credit institutions đã được thay thế bởi Decision No. 238/2001/QD-NHNN of March 28, 2001, on the adjustment of the maximum rates of US$ deposits of legal entities at credit institutions và được áp dụng kể từ ngày 01/04/2001.
Nội dung toàn văn Decision No. 306/1999/QD-NHNN1 of September 01 , 1999, on the adjustment of the maximum interest rate of US$ deposits of legal entities at credit institutions
|
STATE
BANK OF VIETNAM |
SOCIALIST
REPUBLIC OF VIETNAM |
|
No. 306/1999/QD-NHNN1 |
Hanoi, September 01st , 1999 |
DECISION
ON THE ADJUSTMENT OF THE MAXIMUM INTEREST RATE OF US$ DEPOSITS OF LEGAL ENTITIES AT CREDIT INSTITUTIONS
THE GOVERNOR OF THE STATE BANK
Pursuant to the Law on the
State Bank of Vietnam and the Law on Credit Institutions dated 12 December,
1997;
Pursuant to the Decree No. 15/CP of the Government dated 3 February, 1993 on
the assignment, authority and responsibility for the State management of
Ministries, ministry-level agencies;
Upon proposal of the Director of the Monetary Policy Department,
DECIDES
Article 1.
The interest rate of US$ deposits of legal entities at credit institutions shall be as follows:
- The maximum interest rate for demand deposits: 0.5% /annum;
- The maximum interest rate for deposits with terms of up to 6 months: 2.5%/annum;
- The maximum interest rate for deposits with terms of more than 6 months: 3.0%/annum.
Legal entities mentioned in this Article shall include: economic organisations, insurance companies (except for credit institutions); State agencies, arm force units, political organisation, socio-political organisations, social organisations, socio-professional organisations, social Funds, charity Funds, other organisations which satisfy conditions provided for in Article 94 of the Civil Code.
Article 2.
The maximum interest rates of US$ deposits of legal entities at credit institutions provided for in this Decision shall be effective since 4 September, 1999.
Previous provisions on the maximum interest rate of US$ deposits of legal entities at credit institutions in contrary to the provision of this Decision shall cease their effectiveness.
Article 3.
Heads of Departments in the State Bank - Head office, General Managers of State Bank branches in provinces and cities; Chairpersons and Directors General (Directors) of credit institutions and their customers shall be responsible for the implementation of this Decision.
|
|
FOR
THE GOVERNOR OF THE STATE BANK OF VIETNAM |
