Decision No. 28/2002/QĐ-NHNN amends Article 2 of Decision No. 1627/2001/QĐ-NHNN, stipulating the effectiveness and replacement of the Loan Regulations for credit institutions to customers. This decision shall take effect from February 1, 2002.
Key points
- Heads of units under the State Bank, Branch Directors of the State Bank in provinces and centrally governed cities, Board of Directors and General Directors (Directors) of credit institutions, and borrowers of credit institutions shall be responsible for implementing this decision.
- Decision No. 28/2002/QĐ-NHNN shall take effect from the date of signature.
- The Loan Regulations for credit institutions to customers issued pursuant to this decision shall replace the Loan Regulations for credit institutions to customers issued pursuant to Decision No. 284/2000/QĐ-NHNN1 dated August 25, 2000 of the Governor of the State Bank.
- This decision shall take effect from February 1, 2002.
🌐 Social impact of this document
- Positive impact: Improving the lending process of credit institutions, creating more favorable conditions for customers.
- Negative impact: Time is required for credit institutions and customers to adapt to the new regulations.
❓ Frequently asked questions
When does this decision take effect?
Decision No. 28/2002/QĐ-NHNN shall take effect from February 1, 2002.
Which loan regulation does this decision replace?
Decision No. 28/2002/QĐ-NHNN replaces the Loan Regulations for credit institutions to customers issued pursuant to Decision No. 284/2000/QĐ-NHNN1 dated August 25, 2000 of the Governor of the State Bank.
Who is responsible for implementing this decision?
Heads of units under the State Bank, Branch Directors of the State Bank in provinces and centrally governed cities, Board of Directors and General Directors (Directors) of credit institutions, and borrowers of credit institutions shall be responsible for implementing this decision.
When does this decision take effect?
Decision No. 28/2002/QĐ-NHNN shall take effect from the date of signature.
Which loan regulation does this decision replace?
Decision No. 28/2002/QĐ-NHNN replaces the Loan Regulations for credit institutions to customers issued pursuant to Decision No. 284/2000/QĐ-NHNN1 dated August 25, 2000 of the Governor of the State Bank.
Full text
DECISION OF THE GOVERNOR OF THE STATE BANK OF VIETNAM
AMENDING ARTICLE 2 OF DECISION NO. 1627/2001/QĐ-NHNN DATED DECEMBER 31, 2001
ISSUED BY THE GOVERNOR OF THE STATE BANK OF VIETNAM ON THE REGULATIONS ON LOANS
of credit organizations towards customers
GOVERNOR OF THE STATE BANK
BASED ON THE LAW ON THE STATE BANK OF VIETNAM AND THE LAW ON CREDIT ORGANIZATIONS DATED DECEMBER 12, 1997;
BASED ON DECREE NO. 15/CP DATED MARCH 2, 1993 OF THE GOVERNMENT ON THE TASKS, POWERS, AND RESPONSIBILITIES FOR NATIONAL ADMINISTRATION OF MINISTRIES AND GOVERNMENTAL BODIES AT THE MINISTERIAL LEVEL;
AT THE PROPOSAL OF THE HEAD OF THE MONETARY POLICY DEPARTMENT,
Pursuant to …;
Article 1. AMEND ARTICLE 2 OF DECISION NO. 1627/2001/QĐ-NHNN DATED DECEMBER 31, 2001 ISSUED BY THE GOVERNOR OF THE STATE BANK OF VIETNAM ON THE REGULATIONS ON LOANS BY CREDIT ORGANIZATIONS TO CUSTOMERS AS FOLLOWS:
"THIS DECISION SHALL TAKE EFFECT FROM FEBRUARY 1, 2002. THE REGULATIONS ON LOANS BY CREDIT ORGANIZATIONS TO CUSTOMERS ISSUED PURSUANT TO THIS DECISION REPLACE THE REGULATIONS ON LOANS BY CREDIT ORGANIZATIONS TO CUSTOMERS ISSUED PURSUANT TO DECISION NO. 284/2000/QĐ-NHNN1 DATED AUGUST 25, 2000 OF THE GOVERNOR OF THE STATE BANK OF VIETNAM."
Article 2. This Decision takes effect from the date of signature.
Article 3. HEADS OF UNITS UNDER THE STATE BANK OF VIETNAM, DIRECTORS OF PROVINCIAL AND URBAN-CENTRAL BRANCHES OF THE STATE BANK OF VIETNAM, BOARD OF DIRECTORS AND GENERAL MANAGERS (DIRECTORS) OF CREDIT ORGANIZATIONS, AND CUSTOMERS WHO HAVE LOANS FROM CREDIT ORGANIZATIONS ARE RESPONSIBLE FOR IMPLEMENTING THIS DECISION.
Original document (PDF)
Relations map
Click a document to open. A red border = a relation that changes validity.
Translations
This document is available in the following languages: