Thông tư 49/2004/TT-BTC

In furtherance of Article 17 of the Prime Minister's Decision No. 271/QD-TTg of December 31, 2003 promulgating the Regulation on supervision and assessment of operation efficiency of State enterprises, the Finance Ministry issued this Circular to guide the purposes and subjects of application of the system of criteria for assessing the efficiency of financial activities of State-run credit institutions, the grading of credit institutions according to such system, the reporting on, and publicization of, grading results, commendation and penalties.

The system of criteria for assessing the efficiency of financial activities of State-run credit institutions consists 6 criteria divided into 3 groups of criteria on general activities, capital use safety and profit generation.

This Circular takes effect 15 days after its publication in the Official Gazette.- (Summary)