Decision No. 43/2001/QD-TTg On the establishment of the Steering Committee for restructuring the financial structure of commercial banks

Pursuant to …;

Regarding the establishment of the Steering Committee for Restructuring the Financial Structure of Commercial Banks

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PRIME MINISTER

Pursuant to the Government Organization Law dated September 30, 1992;

Pursuant to the Law on the State Bank of Vietnam and the Law on Credit Institutions dated December 12, 1997;

To assist the Prime Minister in directing the restructuring of the financial structure of the commercial banking system, particularly state-owned commercial banks;

Considering the proposal of the Governor of the State Bank of Vietnam, the Head of the Organization-Cadres Department of the Government, the Minister, and the Chairman of the Government Office,

DECISION:

Article 1. Establish the Steering Committee for Restructuring the Financial Structure of Commercial Banks to assist the Prime Minister in performing the following tasks:

1. Review projects and policies on the restructuring of the financial structure of commercial banks;

2. Guide, urge, and inspect ministries, ministerial-level agencies, government-affiliated agencies, and provincial/municipal people's committees related to the implementation of the task of restructuring the financial structure of commercial banks;.

Article 2. Members of the Steering Committee for Restructuring the Financial Structure of Commercial Banks include:

1. Deputy Prime Minister Nguyen Tan Dung - Chair,

2. Deputy Governor of the State Bank of Vietnam Tran Minh Tuan - Vice Chair in charge,

3. Deputy Minister of Finance Le Thi Bang Tam - member,

4. Deputy Minister of Planning and Investment Lai Quang Thuc - member,

5. Deputy Minister of Public Security Le The Tien - member,

6. Deputy Minister of Justice Ong Chu Luu - member,

7. Deputy Director of the Government Office Nguyen Quoc Huy - member,

8. Deputy Director of the Government Price Control Board Nguyen Ngoc Vinh - member,

9. Deputy Director General of the Land Administration General Department Trieu Van Be - member.

Article 3. The Steering Committee for Restructuring the Financial Structure of Commercial Banks does not have its own administrative apparatus. The Governor of the State Bank of Vietnam is responsible for appointing personnel to assist in the work and ensuring the working conditions and means for the Steering Committee.

The operational regulations of the Steering Committee shall be decided by the Chair.

The Steering Committee will dissolve itself upon completion of the financial restructuring of commercial banks.

Article 4. This Decision shall take effect fifteen days from the date of signature.

Ministers, heads of ministerial-level agencies, heads of government-affiliated agencies, chairpersons of provincial/municipal people's committees, and individuals named in Article 2 above are responsible for implementing this Decision./.