Decision No. 1476/2001/QĐ-NHNN of the State Bank of Vietnam on approving the Charter on the organization and operation of the Vietnam Bank for Foreign Trade, replacing the previous decision from 1997. This document provides detailed regulations on management structure, authority, and responsibilities of the bank.
Scope of application
Vietnam Bank for Foreign Trade
Key points
- The Vietnam Bank for Foreign Trade must comply with the Charter approved by the State Bank (Article 1).
- This Decision replaces the previous decision on approving the Charter on the organization and operation of the Vietnam Bank for Foreign Trade from 1997 (Article 2).
- Relevant units under the State Bank, the Governor of the State Bank Branches in provinces/cities directly under the Central Government, the Chairman of the Board of Directors, and the General Director of the Vietnam Bank for Foreign Trade are responsible for implementing this Decision (Article 3).
- The Vietnam Bank for Foreign Trade must comply with the regulations on management structure, authority, and responsibilities as stipulated in the approved Charter.
- This document does not specify specific fines or penalties for violations.
🌐 Social impact of this document
- The Vietnam Bank for Foreign Trade will have clearer legal grounds for its operations and management.
- Relevant units under the State Bank need to implement these new regulations, creating administrative burdens.
❓ Frequently asked questions
Does the Vietnam Bank for Foreign Trade have to comply with any Charter?
It must comply with the Charter approved by the State Bank (Article 1).
Which previous decision does this Decision replace?
Replaces Decision No. 324/QĐ-NH5 dated September 30, 1997 (Article 2).
Who is responsible for implementing this Decision?
Relevant units under the State Bank, the Governor of the State Bank Branches in provinces/cities directly under the Central Government, the Chairman of the Board of Directors, and the General Director of the Vietnam Bank for Foreign Trade (Article 3).
Are there specific fines for violations?
There are no specific provisions regarding fines or penalties in this document.
Full text
Pursuant to …;
Regarding the approval of the charter on organization and operation
of the Vietnam Bank for Foreign Trade
________________
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 Organizations No. 02/1997/QH10 dated December 12, 1997;
Pursuant to Decree No. 15/CP dated March 2, 1993 of the Government on the tasks, powers, and responsibilities for state management of ministries and ministerial-level agencies;
BASED ON THE GOVERNMENT DECREE NO. 49/2000/NĐ-CP DATED SEPTEMBER 12, 2000 ON THE ORGANIZATION AND OPERATIONS OF COMMERCIAL BANKS;
At the proposal of the Chairman of the Board of Directors of the Vietnam Bank for Foreign Trade and the Director of the Department of Banks and Non-Bank Credit Institutions,
Pursuant to …;
Article 1. Approves the Charter on the organization and operation of the Vietnam Bank for Foreign Trade issued pursuant to Decision No. 62/2001/QĐ-HĐQT dated November 8, 2001 of the Chairman of the Board of Directors of the Vietnam Bank for Foreign Trade, attached hereto.
Article 2. This Decision takes effect from the date of issuance and replaces Decision No. 324/QĐ-NH5 dated September 30, 1997 of the Governor of the State Bank of Vietnam regarding the approval of the Charter on the organization and operation of the Vietnam Bank for Foreign Trade.
Article 3. The Heads of the Office of the State Bank of Vietnam, the Director of the Department of Banks and Non-Bank Credit Institutions, the Heads of relevant units under the State Bank of Vietnam, the Governors of the State Bank of Vietnam Branches in provinces and centrally governed cities, the Chairman of the Board of Directors and the General Director of the Vietnam Bank for Foreign Trade are responsible for implementing this Decision.
DEPUTY DIRECTOR
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