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Vietnam Orders Loan Interest Rate Cuts for Virus-Hit Firms

Vietnam Orders Loan Interest Rate Cuts for Virus-Hit Firms

Nguyen Dieu Tu Uyen

(Bloomberg) --

State Bank of Vietnam orders commercial lenders to exempt, reduce or delay interest payments on loans to businesses that are hit by the coronavirus epidemic, according to a statement posted on the regulator’s website.

©2020 Bloomberg L.P.

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