Rates of interest for term deposits regulated once again by SBV

On December 21, 2012, The State Bank of Viet Nam (SBV) issued Circular No. 32/2012/TT-NHNN regulating the maximum rates of interest (MRI) on the deposits in VND by organizations and individuals in credit institutions and branches of foreign banks. The salient features of this Circular is as follows: The MRI on demand deposits and term […]