Decision No. 356/1999/QD-NHNN14 on the issuance of the Discount and Rediscount Business Regulations of the State Bank for banks.

Pursuant to …;

Issuing the Regulation on Discounting and Rediscounting Operations

of the State Bank of Vietnam for banks

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GOVERNOR OF THE STATE BANK OF VIETNAM

Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 dated December 12, 1997 and the Law on Credit Institutions 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;

At the proposal of the Director of the Credit Department. 

Pursuant to …;

Article 1. Attached to this Decision is the Regulation on Discounting and Rediscounting Operations of the State Bank for banks.

Article 2. This Decision shall take effect fifteen days from the date of signature.

Article 3. Director of the Office, Heads of the Credit Department, Heads of relevant units under the State Bank; Governors of the State Bank Branches in provinces and centrally governed cities; Chairmen of the Management Boards, General Directors (Directors) of banks participating in discounting and rediscounting operations are responsible for implementing this Decision.

The Directors (Director) of banks participating in the discount and rediscount business shall be responsible for implementing this Decision.