Quyết định 381/2003/QĐ-NHNN

THE GOVERNOR OF THE STATE BANK

DECIDES:

Article 1.- To amend and supplement a number of Articles and Clauses of the Regulation on rates of safety in credit institutions' activities, issued together with Decision No. 297/1999/QD-NHNN5 of August 25, 1999 of the State Bank Governor as follows:

"1. The maximum rate of short-term capital sources used for the provision of medium- and long-term loans, applicable to credit institutions shall be as follows:

a) For State-run credit institutions:

- For State-run commercial banks: 30%;

- For other State-run credit institutions: 25%.

b) For joint-venture credit institutions:

- For joint-venture banks: 30%;

- For other joint-venture credit institutions: 25%.

c) For foreign banks' branches: 30%.

d) For State- and people-run joint-stock credit institutions:

- For State- and people-run joint-stock commercial banks: 30%;

- For other State- and people-run joint-stock credit institutions: 20%.

e) Cooperative credit institutions: 10%."

"i) The deposits to be maintained at the Social Policy Bank by State-run credit institutions shall comply with the provisions in the Government's Decree No. 78/2002/ND-CP of October 4, 2002 on credits for poor people and other policy beneficiaries."

"a) The money amounts deposited at other credit institutions at home and abroad (except the amounts to be maintained at the Social Policy Bank by State-run credit institutions according to the provisions of the Government's Decree No. 78/2002/ND-CP of October 4, 2002 on credits for poor people and other policy beneficiaries);"

Article 2.- This Decision takes effect 15 days after its publication in the Official Gazette.

Article 3.- The Director of the Office, the Director of the Department for Banks and Non-Bank Credit Institutions; the heads of units under Vietnam State Bank, the directors of the State Bank's provincial/municipal branches, the chairmen of the Management Board and the general directors (directors) of credit institutions shall have to implement this Decision.

For the State Bank Governor
Deputy Governor
TRAN MINH TUAN