Decision No. 45/2006/QD-NHNN Issuing Regulations on the Organization and Operation of the Board of Directors, Supervisory Board, and Management Structure of People's Credit Funds

Pursuant to …;

Issuing Regulations on the organization and operation of the Board of Directors,

Supervisory Board, and management structure of Credit Cooperatives

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GOVERNOR OF THE STATE BANK OF VIETNAM

Pursuant to the Law on the State Bank of Vietnam 1997 and 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 and the Law Amending and Supplementing Certain Provisions of the Law on Credit Organizations 2004;

Pursuant to the Law on Cooperatives 2003;

Pursuant to Decree No. 52/2003/NĐ-CP dated September 15, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

Pursuant to Decree No. 48/2001/NĐ-CP dated August 13, 2001 of the Government on the organization and operation of Credit Cooperatives and Decree No. 69/2005/NĐ-CP dated May 26, 2005 of the Government amending and supplementing certain provisions of Decree No. 48/2001/NĐ-CP;

At the proposal of the Director of the Department of Cooperative Credit Organizations,

DECISION:

Article 1.The attached Decision promulgates the Regulations on the organization and operation of the Board of Directors, Supervisory Board, and management structure of Credit Cooperatives.

12/2025/TT-BNNMT dated June 19, 2025 issued by the Minister of Agriculture and EnvironmentThis Decision takes effect fifteen days from the date of publication in the Official Gazette and replaces Decision No. 614/2003/QĐ-NHNN dated June 16, 2003 of the Governor of the State Bank of Vietnam on the issuance of Regulations on the organization and operation of the Board of Directors, Supervisory Board, and managers of Credit Cooperatives.

Article 3. The Heads of the Office, the Director of the Department of Cooperative Credit Organizations, the Heads of relevant units under the State Bank of Vietnam, the Governors of the State Bank Branches in provinces and centrally governed cities, the Chairmen and members of the Board of Directors, the Heads and members of the Supervisory Board of Central Credit Cooperatives and grassroots Credit Cooperatives, the General Directors of Central Credit Cooperatives, and the Directors of grassroots Credit Cooperatives are responsible for implementing this Decision./.