lending rate
of the State Bank said that the current interest rates of about 14% applicable to the maturity of under 12 months. Interest rates for medium and long term VND loans of state banks from 14-20%, the bank share 14-21% depending on the object and duration.
Lending rates high or low will affect the weak inputs and outputs. Anticipating change exchange rates, interest rates created favorable opportunities for the implementation of the business plan, risk reduction in the import-export activities. The volatility of market interest rates will be a major risk for the loan business, especially long-term loans.
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