Decision No. 581/2003/QD-NHNN issues the mandatory reserve ratio regulations for credit institutions, replacing previous decisions. This decision takes effect from the August 2003 mandatory reserve maintenance period.
适用范围
Credit institutions
要点
- Credit institutions → must comply with the mandatory reserve ratio regulations issued by the State Bank, replacing previous decisions.
🌐 本文件的社会影响
- Positive impact: Helps ensure the safety of the banking system and macroeconomic stability.
- Negative impact: May increase costs for credit institutions, affecting their business operations.
❓ 常见问题
When does this decision take effect?
This decision takes effect from the August 2003 mandatory reserve maintenance period.
How must credit institutions comply with the mandatory reserve ratio regulations?
Credit institutions must comply with the mandatory reserve ratio regulations issued by the State Bank, replacing previous decisions.
Which decisions does this decision replace?
This decision replaces Decisions No. 51/1999/QD-NHNN, No. 191/1999/QD-NHNN, No. 303/2000/QD-NHNN, and No. 700/2002/QD-NHNN.
Who is responsible for implementing this decision?
The Director of the Office, the Inspector General of the State Bank, the Head of the Monetary Policy Department, the Heads of units under the State Bank, the Governors of the State Bank Branches in provinces and centrally-administered cities, and the General Managers (Directors) of credit institutions are responsible for implementing this decision.
When does this decision take effect?
This decision takes effect from the August 2003 mandatory reserve maintenance period.
全文
Pursuant to …;
Regarding the issuance of the mandatory reserve regulation for credit institutions
GOVERNOR OF THE STATE BANK OF VIETNAM
Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 and the Law on Credit Institutions No. 02/1997/QH10 dated December 12, 1997;
Pursuant to Decree No. 86/2002/NĐ-CP dated 05/11/2002 of the Government stipulating the functions, tasks, powers, and organizational structure of ministries and ministerial-level agencies;
Pursuant to the proposal of the Director of the Monetary Policy Department,
DECIDES:
Article 1. This Decision promulgates the mandatory reserve regulation for credit institutions.
Article 2. This Decision takes effect from the August 2003 mandatory reserve maintenance period.
Article 3. This Decision replaces Decision No. 51/1999/QĐ-NHNN1 dated February 10, 1999 on the issuance of the mandatory reserve regulation for credit institutions, Decision No. 191/1999/QĐ-NHNN1 dated May 31, 1999 on the mandatory reserve ratio for credit institutions, Decision No. 303/2000/QĐ-NHNN1 dated September 11, 2000, and Decision No. 700/2002/QĐ-NHNN dated July 4, 2002 of the Governor of the State Bank of Vietnam on depositing mandatory reserves in Vietnamese dong for credit institutions participating in inter-bank electronic payment systems.
Article 4. The Director of the Office, the Inspector General of the State Bank, the Head of the Monetary Policy Department, Heads of units under the State Bank, Governors of the State Bank Branches in provinces and centrally governed cities, General Directors (Directors) of credit institutions are responsible for implementing this Decision.
关系图
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