Decision No. 1472/2001/QĐ-NHNN adjusts the required reserve ratio for foreign currency deposits of credit institutions, increasing it from the previous level to 10% of the total balance of foreign currency deposits subject to the required reserve. This decision applies from the December 2001 reserve maintenance period.
적용 범위
State Commercial Banks, Urban Joint-Stock Commercial Banks, Rural Joint-Stock Commercial Banks, Cooperative Banks, Branches of Foreign Banks, Joint-Venture Banks, Finance Companies, Central People's Credit Funds, and Regional People's Credit Funds.
핵심 사항
- Credit institutions → must maintain a required reserve of 10% on the total balance of foreign currency deposits.
🌐 이 문서의 사회적 영향
- Increase costs for credit institutions, which may lead to higher lending interest rates and reduced profits.
- Helps the State Bank better control the foreign currency situation within the banking system.
❓ 자주 묻는 질문
What is the new required reserve ratio?
The new required reserve ratio for foreign currency deposits of credit institutions is 10% of the total balance of foreign currency deposits subject to the required reserve.
When does this decision take effect?
This decision takes effect from the December 2001 reserve maintenance period.
How does the new required reserve ratio replace the old regulation?
The new required reserve ratio replaces Clause 1, Article 1 of Decision No. 560/2001/QĐ-NHNN dated April 27, 2001, issued by the Governor of the State Bank.
Which credit institutions are responsible for implementing this decision?
The Director of the Office, the Inspector General of the State Bank, Heads of Units under the State Bank, Governors of State Bank Branches in provinces and cities, and General Directors (Directors) of credit institutions are responsible for implementing this decision.
For which type of deposit does the new required reserve ratio apply?
The new required reserve ratio applies to non-interest-bearing foreign currency deposits and those with terms under 12 months of credit institutions.
전문
Pursuant to …;
Regarding the adjustment of the reserve requirement ratio for foreign currency deposits
of credit institutions
______________________
GOVERNOR OF THE STATE BANK OF VIETNAM
Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 and the Law on Credit Institutions No. 02/1997/QH10 dated December 12, 1997;
Pursuant to the Government Decree No. 15/CP dated March 2, 1993 on the tasks, powers, and responsibilities of state management of ministries and ministerial-level agencies;
Pursuant to the proposal of the Director of the Monetary Policy Department,
Pursuant to …;
Article 1. Now adjusts the reserve requirement ratio for non-interest-bearing foreign currency deposits and interest-bearing foreign currency deposits with terms under twelve months of State commercial banks, urban joint-stock commercial banks, rural joint-stock commercial banks, cooperative banks, branches of foreign banks, joint venture banks, finance companies, Central People's Credit Funds, and regional People's Credit Funds to ten percent of the total amount of foreign currency deposits subject to the reserve requirement.
Article 2. This Decision shall be applied to calculate the required reserves from the December 2001 reserve maintenance period and shall replace Clause 1, Article 1 of Decision No. 560/2001/QĐ-NHNN dated April 27, 2001 of the Governor of the State Bank of Vietnam.
Article 3. The Heads of the Office, the Inspector General of the State Bank, the Heads of units under the State Bank, the Governors of the State Bank Branches in provinces and cities, and the General Directors (Directors) of credit institutions are responsible for implementing this Decision.
관계도
문서를 클릭하면 열립니다. 빨간 테두리＝효력을 변경하는 관계.