Decision No. 1669/2005/QD-NHNN of the Governor of the State Bank of Vietnam stipulates the fee levels for credit information services provided by the Credit Information Center to credit institutions and other organizations engaged in banking activities in Vietnam, effective from January 1, 2006.
Scope of application
The Credit Information Center of the State Bank of Vietnam, credit institutions, and other organizations engaged in banking activities in Vietnam.
Key points
- The Credit Information Center charges fees ranging from 1,000,000 VND to 2,000,000 VND per year for information on grassroots people's credit funds and headquarters of credit institutions.
- Providing consolidated customer information reports with fees ranging from 40,000 VND to 60,000 VND per report.
- Financial information reports on enterprises are charged at 90,000 VND per report, while enterprise classification analysis reports are charged at 120,000 VND per report.
- Automated report generation and automatic information retrieval are charged at 85% of the same type of product.
- Foreign enterprise information reports requested by credit institutions are priced at the cost of purchasing the report plus 15% service charge.
🌐 Social impact of this document
- Positive impact: Helps credit institutions and other organizations obtain accurate customer and enterprise information.
- Negative impact: May increase costs for credit institutions and other organizations when using credit information services.
❓ Frequently asked questions
What are the fee levels for credit information services?
Fees range from 1,000,000 VND to 2,000,000 VND per year for information on grassroots people's credit funds and headquarters of credit institutions; from 40,000 VND to 60,000 VND per report for consolidated customer information reports.
What are the fees if there is no customer information available?
If there is no customer information available, the fee is 50% of the regular fee for the same type of report. For example, if a consolidated customer information report typically costs 40,000 VND per report, then without information, it will be 20,000 VND per report.
What are the fees for financial information reports on enterprises and enterprise classification analysis reports?
Financial information reports on enterprises are charged at 90,000 VND per report, while enterprise classification analysis reports are charged at 120,000 VND per report.
What are the fees for automated report generation and automatic information retrieval?
Automated report generation and automatic information retrieval are charged at 85% of the same type of product.
What are the fees for foreign enterprise information reports requested by credit institutions?
Foreign enterprise information reports are priced at the cost of purchasing the report plus 15% service charge.
Full text
DECISION OF THE GOVERNOR OF THE STATE BANK OF VIETNAM
Regarding the Issuance of Fees for Credit Information Services
GOVERNOR OF THE STATE BANK OF VIETNAM
Pursuant to the Law on the State Bank of Vietnam 1997; the Law Amending and Supplementing Certain Provisions of the Law on the State Bank of Vietnam 2003;
Pursuant to the Law on Credit Organizations 1997; the Law Amending and Supplementing Certain Provisions of the Law on Credit Organizations 2004;
Pursuant to Decree No. 52/2003/ND-CP dated May 19, 2003, issued by the Government, detailing the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;
Pursuant to Decree No. 100/1998/NĐ-CP dated December 10, 1998 of the Government on the Financial System of the State Bank of Vietnam;
Upon the proposal of the Director of the Accounting and Finance Department and the Director of the Credit Information Center,
DECISION:
Article 1. Issuing the fees for credit information services provided by the Credit Information Center of the State Bank of Vietnam to credit organizations and other entities engaged in banking activities in Vietnam as follows:
|
Serial number |
Type of information |
Unit of Measurement |
Rate of Collection |
|
I |
Annual information fee: |
|
|
|
1 |
People's Credit Funds at the grassroots level; Branches and Subsidiaries of Rural Commercial Banks |
Unit/year |
1,000,000 VND |
|
2 |
Headquarters, Branches, Subsidiaries, and Affiliated Units of Credit Organizations and Other Entities Engaged in Banking Activities in Vietnam |
Unit/year |
2,000,000 VND |
|
II |
Information extracted per request |
|
|
|
1 |
Comprehensive Customer Information Report |
|
|
|
|
a) Individual customers |
Report |
40,000 VND |
|
|
b) Corporate customers |
Report |
60,000 VND |
|
|
No customer information available |
Report |
50% of the fee for the same type of report |
|
2 |
Guarantee Loan Information Report |
|
|
|
|
a) Individual customers |
Report |
40,000 VND |
|
|
b) Corporate customers |
Report |
60,000 VND |
|
|
No customer information available |
Report |
50% of the fee for the same type of report |
|
3 |
Corporate Financial Information Report |
Report |
90,000 VND |
|
4 |
Corporate Analysis and Rating Information Report |
Report |
120,000 VND |
|
5 |
Industry-Specific Comprehensive Information Report |
Report |
60,000 VND |
|
6 |
Economic Sector-Specific Comprehensive Information Report |
Report |
60,000 VND |
|
7 |
Market Economy Information Report |
Report |
60,000 VND |
|
III |
Creation of Reports and Automatic Information Extraction - AACR |
Report |
85% of the fee for the same product |
|
IV |
Foreign Enterprise Information Report upon Request of Credit Organizations |
Report |
Purchase Price of Report + 15% Service Fee |
|
V |
Credit Information Bulletin (CIC Bulletin) |
Report |
25,000 VND |
Article 2. The fees for providing credit information services to other organizations and individuals with demand shall be decided by the Director of the Credit Information Center, ensuring sufficient cost recovery and accumulation according to Point c, Clause 2, Article 4 of the Financial Regulations for Public Service Units with Revenue issued together with Decision No. 987/2004/QĐ-NHNN dated August 5, 2004 of the Governor of the State Bank of Vietnam.
Article 3. This Decision takes effect from January 1, 2006 and replaces Decision No. 1402/2003/QĐ-NHNN dated October 29, 2003 of the Governor of the State Bank of Vietnam regarding the fees for credit information services.
Article 4. The Heads of the Office, Directors of the Accounting and Finance Department, Director of the Credit Information Center, Heads of Units under the State Bank of Vietnam, Governors of the State Bank of Vietnam Branches in provinces and centrally-administered cities, General Directors (Directors) of Credit Organizations, and related organizations and individuals are responsible for implementing this Decision./.
DEPUTY DIRECTOR
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