VietnameseCircular No. 01/2016/TT-NHNN dated February 04, 2016 on guiding policies on provision of loans to develop supporting industries
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Circular No. 01/2016/TT-NHNN dated February 04, 2016 on guiding policies on provision of loans to develop supporting industries
| Issuing body: | State Bank of Vietnam | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 01/2016/TT-NHNN | Signer: | Nguyen Dong Tien |
| Type: | Circular | Expiry date: | Updating |
| Issuing date: | 04/02/2016 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Finance - Banking , Industry |
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THE STATE BANK OF VIETNAM No. 01/2016/TT-NHNN | THE SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness Hanoi, February 4, 2016 |
CIRCULAR
Guiding policies on provision of loans to develop supporting industries[1]
Pursuant to June 16, 2010 Law No. 46/2010/QH12 on the State Bank of Vietnam;
Pursuant to June 16, 2010 Law No. 47/2010/QH12 on Credit Institutions;
Pursuant to the Government’s Decree No. 156/2013/ND-CP of November 11, 2013, defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam;
Pursuant to the Government’s Decree No. 111/2015/ND-CP of November 3, 2015, on development of supporting industries;
At the proposal of the Director of the Credit Department;
The State Bank Governor promulgates the Circular guiding policies on provision of loans to develop supporting industries specified in the Government’s Decree No. 111/2015/ND-CP of November 3, 2015, on development of supporting industries.
Article 1. Scope of regulation
1. This Circular guides provision of loans to develop supporting industries under the Government’s Decree No. 111/2015/ND-CP of November 3, 2015, on development of supporting industries (below referred to as Decree No. 111/2015/ND-CP).
2. This Circular does not govern the borrowing of state investment credit to implement projects to manufacture supporting industry products on the list of supporting industry products prioritized for development specified in Decree No. 111/2015/ND-CP.
Article 2. Subjects of application
1. Credit institutions and foreign bank branches providing loans to projects to manufacture supporting industry products on the list of supporting industry products prioritized for development specified in Article 11 of Decree No. 111/2015/ND-CP (below collectively referred to as projects to manufacture supporting industry products prioritized for development).
2. Customers (organizations or individuals) borrowing capital to invest in projects to manufacture supporting industry products prioritized for development.
3. Organizations or individuals engaged in provision of loans to develop supporting industries under Decree No. 111/2015/ND-CP.
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