On March 6, 2024, the State Bank of Vietnam issued Official Dispatch No. 1628/NHNN-CSTT to synchronously and effectively implement interest rate announcement.
The State Bank requires credit institutions as follows:
- Continue to announce average lending interest rates, average deposit and lending interest rate differences, lending interest rates for credit programs, credit packages and other types of lending interest rates.
- Credit institutions are solely responsible for the completeness, timeliness and accuracy of information and data published on the website; clearly explain the content of information and published data; proactively receive, answer and handle problems from customers; Responsible for regular supervision to ensure proper implementation of the directions of the Prime Minister and the State Bank.
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