Decision No. 241/QD-NH1 adjusts the interest rate for working capital loans provided by the State Bank to the System of Precious Metals and Jewelry Joint Stock Corporations from 1.0%/month to 0.8%/month. The new interest rate shall be applied from September 1, 1996.
Đối tượng áp dụng
System of Precious Metals and Jewelry Joint Stock Corporation of Vietnam
Các điểm cốt lõi
- The System of Precious Metals and Jewelry Joint Stock Corporation → has had its interest rate for working capital loans reduced from 1.0%/month to 0.8%/month.
🌐 Tác động xã hội từ văn bản này
- Positive impact: Reduces financial costs for the Precious Metals and Jewelry Joint Stock Corporation, helping to increase profits and operational capacity.
- Negative impact: No clear impact on the general public or society.
❓ Câu hỏi thường gặp
What is the new interest rate for working capital loans?
The new interest rate for working capital loans is 0.8%/month.
When does the new interest rate take effect?
The new interest rate takes effect from September 1, 1996.
Will the outstanding loan balance of the Precious Metals and Jewelry Joint Stock Corporation be affected?
The outstanding loan balance as of August 31, 1996, will be subject to the new interest rate stipulated in this Decision.
On what legal documents is this Decision based?
This Decision is based on the State Bank Law dated May 23, 1990, and Decree No. 15/CP dated March 2, 1993, issued by the Government.
What responsibilities do the relevant units have?
The Director of the Governor's Office, the Head of the Credit Department, the Heads of relevant units at the Central Bank, the Governors of the State Bank branches in provinces and cities, the General Directors of the Precious Metals and Jewelry Joint Stock Corporation, and the Directors of subsidiaries under the Precious Metals and Jewelry Joint Stock Corporation are responsible for implementing this Decision.
Toàn văn
Pursuant to …;
Regarding the adjustment of interest rates for working capital loans granted by the State Bank
to the system of gold, silver, and precious stones general corporations
__________________________
Pursuant to the State Bank Law dated May 23, 1990 promulgated by Decree No. 37/LCT-HĐNN8 dated May 24, 1990 of the President of the National Assembly of the Socialist Republic of Vietnam;
Pursuant to Decree 15/CP dated March 2, 1993 of the Government on the tasks, powers, and responsibilities for state management of ministries and ministerial-level agencies;
At the proposal of the Director of the Economic Research Department;
DECISION:
Article 1. Adjust the interest rate for supplementary working capital loans granted by the State Bank to the Vietnam Gold, Silver, and Precious Stones General Corporation System from 1.0%/month to 0.8%/month.
Article 2. The interest rate for loans stipulated in Article 1 above shall be applied from September 1, 1996, replacing the interest rate for loans stipulated in Decision No. 107/QĐ-NH1 dated May 3, 1996 of the Governor of the State Bank.
The outstanding loan balance of the Vietnam Gold, Silver, and Precious Stones General Corporation System at the State Bank as of August 31, 1996, shall be subject to the interest rate prescribed in this Decision.
Article 3. The Director of the Governor's Office, the Head of the Credit Department, the Heads of relevant units at the Central Bank, the Directors of the State Bank Branches in provinces and cities, the General Directors of the Vietnam Gold, Silver, and Precious Stones General Corporations, and the Directors of Precious Stones Companies under the General Corporations are responsible for implementing this Decision./.
DEPUTY DIRECTOR
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