Thông tư 76/2015/TT-BTC

CIRCULAR

PROVIDING FOR THE INTEREST RATES OF THE INVESTMENT CREDIT LOANS, EXPORT CREDIT LOANS GRANTED BY THE STATE AND POST-INVESTMENT SUPPORT FOR DIFFERENCE OF THE INTEREST RATES

Pursuant to the Decree No. 215/2013/NĐ-CP dated 23/12/2013 by the Government defining the functions, tasks, entitlements and organizational structure of the Ministry of Finance;

Pursuant to the Decree No. 75/2011/NĐ-CP dated 30/8/2011 by the Government on investment credit and export credit of the State;

At the request of the Chairman of the Board of Management of Vietnam Development Bank in the Official Dispatch No. 36/HĐQL dated 06/03/2015 on the adjustment of interest rate of the investment credit and export credit of the State;

At the request of Head of Department of Banking and Financial Institutions;

The Minister of Finance promulgates the Circular providing for the interest rate of the investment credit loans, export credit loans granted by the State and post-investment support for the difference of the interest rates.

Article 1. Interest rate of the investment credit loans granted by the State in Vietnam dong (VND) is 8.55% per year.

Article 2. Interest rate of the export credit loans granted by the State in VND is 6.9% per year.

Article 3. The difference of the interest rate given post-investment support in VND is 2.4% per year.

Article 4. The interest rates of the investment credit and export credit of the State prescribed in Articles 1 and 2 of this Circular are applicable to the disbursement of the investment credit loans and export credit loans by the State from the day on which this Circular comes into effect; the post-investment support for difference of the interest rates  prescribed in Article 3 of this Circular is applied to every single time of repayment by the investor to the credit institution from the day on which this Circular comes into effect.

Article 5. Effect

1. This Circular comes into effect from the day on which it is signed.

2. This Circular replaces the Circular No. 189/2014/TT-BTC dated 11/12/2014.

3. The Board of Management, the General Director of Vietnam Development Bank (VDB) and the investors of projects granted investment credit loans and export credit loans by the State and relevant units are responsible for implementing this Circular.

Difficulties that arise during the implementation of this Circular should be reported to the Ministry of Finance for consideration and solution./.