DECISION

PRESCRIBING INTEREST RATES OF DEPOSITS OF STATE TREASURY AND DEPOSIT INSURANCE OF VIETNAM AT THE STATE BANK OF VIETNAM

THE GOVERNOR OF THE STATE BANK OF VIETNAM

- Pursuant to the Law on State Bank of Vietnam No. 46/2010/QH12 dated June 16, 2010;

- Pursuant to the Law on Credit Institutions No. 47/2010/QH12 dated June 16, 2010 and the Law No. 17/2017/QH14 dated November 20, 2017 providing amendments to the Law on Credit Institutions;

- Pursuant to the Law on Deposit Insurance No. 06/2012/QH13 dated June 18, 2012;

- Pursuant to the Government's Decree No. 102/2022/ND-CP dated December 12, 2022 prescribing functions, tasks, powers and organizational structure of the State Bank of Vietnam;

- At the request of the Director of the Monetary Policy Department; 

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Article 1. Interest rates of deposits of State Treasury and Deposit Insurance of Vietnam at the State Bank of Vietnam are as follows:

1. The interest rate of deposits in Vietnamese Dong (VND) made by the State Treasury: 0,5%/year.

2. The interest rate of deposits in foreign currency made by the State Treasury: 0%/year.

3. The interest rate of deposits in VND made by Deposit Insurance of Vietnam: 0,5%/year.

Article 2. This Decision comes into force from April 03, 2023 and supersedes the Decision No. 1350/QD-NHNN dated August 24, 2021 of the Governor of the State Bank of Vietnam prescribing interest rates of deposits made by State Treasury and Deposit Insurance of Vietnam at the State Bank of Vietnam.

Article 3. The Chief of Office, the Director of the Monetary Policy Department, heads of units affiliated to the State Bank of Vietnam, State Treasury and Deposit Insurance of Vietnam are responsible for the implementation of this Decision./.

PP. GOVERNOR
DEPUTY GOVERNOR




Pham Thanh Ha

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