Circular No. 77/2013/TT-BTC stipulates the interest rate for state investment credit and export credit loans, as well as the level of interest rate differential to be supported after investment. This document applies to disbursements of loan funds from the date it comes into effect.
Scope of application
Vietnam Development Bank, the project borrower for state investment and export credit loans
Key points
- The interest rate for state investment credit loans in Vietnamese dong is 11.4% per annum (Article 1)
- The interest rate for state export credit loans in Vietnamese dong is 9.3% per annum (Article 2)
- The level of interest rate differential to be supported after investment for projects borrowing in Vietnamese dong is 2.4% per annum (Article 3)
- This circular replaces Circular No. 09/2013/TT-BTC and Circular No. 104/2012/TT-BTC
- Loan disbursements shall apply the interest rates as prescribed from the date this circular takes effect (Article 4)
🌐 Social impact of this document
- To assist investment and export projects to access capital with supported interest rates, promoting economic development
- Vietnam Development Bank and the project borrower must comply with the provisions on loan interest rates
❓ Frequently asked questions
What is the interest rate for state investment credit loans?
11.4% per annum (Article 1)
What is the level of interest rate differential to be supported after investment for projects borrowing in Vietnamese dong?
2.4% per annum (Article 3)
Full text
Circular
Regarding the calculation of interest rates for state investment credit and export credit and the supported differential rate after investment
Decree No. 75/2011/ND-CP of the Government dated August 30, 2011 on state investment credit and export credit;
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Decree No. 118/2008/ND-CP Resolution No. 02/NQ-CP of the Government dated January 7, 2013 on certain measures to address difficulties in production and business, support markets, and resolve bad debts;
Decree No. Pursuant to the proposal of the Vietnam Development Bank in Circular No. 26/NHPT-HĐQL dated May 20, 2013 regarding the adjustment of interest rates for state investment credit and export credit; Pursuant to the proposal of the Director of the Department of Financial Institutions and Financial Organizations;
On the basis of The Minister of Finance supports the lending rate for state investment credit and export credit and the level of the supported differential rate after investment as follows:
The core lending rate for state investment credit in Vietnamese dong is 11.4% per annum.
The core lending rate for state export credit in Vietnamese dong is 9.3% per annum.
The supported differential interest rate after investment for projects borrowing in Vietnamese dong is 2.4% per annum.
Article 1. The interest rate for state investment credit and export credit and the supported differential rate after investment shall apply to disbursements of investment and export credit loans from the date this Circular takes effect.
Article 2. This Circular takes effect from the date of signature and replaces Circular
Article 3. No. 09/2013/TT-BTC
Article 4. dated January 17, 2013 and Circular No.
Article 5. 104/2012/TT-BTC dated June 25, 2012 of the Ministry of Finance on the regulation of lending rates for state investment credit and export credit and the supported differential rate after investment. The Management Board, General Director of the Vietnam Development Bank, consultants of state investment credit and export credit borrowing projects, and related units undertake responsibility for implementing the provisions of this Circular. In the course of implementation, if there are issues, organizations and individuals are requested to promptly reflect them to the Ministry of Finance for consideration and resolution. In the course of implementation, if there are issues, organizations and individuals are requested to promptly reflect them to the Ministry of Finance for consideration and resolution./. ngày 25/6/2012 của Bộ Tài chính về việc quy định tốc độ cho vay tín dụng đầu tư, tín dụng xuất khẩu Nhà nước và chênh lệch tốc độ được hỗ trợ sau đầu tư.
Hội đồng quản lý, Tổng giám đốc Ngân hàng Phát triển Việt Nam, chủ tư vấn các dự án vay vốn tín dụng đầu tư, tín dụng xuất khẩu của Nhà nước và các đơn vị có liên quan cam đoan đảm nhận trách nhiệm hành chính theo quy định tại Thông tư này. Trong quá trình thực hiện nếu có vấn đề, đề nghị các tổ chức, cá nhân phản ánh kịp thời về Bộ Tài chính để xem xét, giải quyết.
Trong quá trình thực hiện nếu có vấn đề, đề nghị các tổ chức, cá nhân phản ánh kịp thời về Bộ Tài chính để xem xét, giải quyết./.
DEPUTY MINISTER
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