Circular 25/2026/TT-NHNN amend Circular 22/2019/TT-NHNN limits and prudential ratios in operations of banks and foreign bank branches

CIRCULAR

Amending and supplementing a number of articles of Circular No. 22/2019/TT-NHNN of November 15, 2019, of the Governor of the State Bank of Vietnam, prescribing limits and prudential ratios in operations of banks and foreign bank branches^[1]

Pursuant to Law No. 46/2010/QH12 on the State Bank of Vietnam;

Pursuant to Law No. 32/2024/QH15 on Credit Institutions, which is amended and supplemented by Law No. 96/2025/QH15;

Pursuant to the Government’s Decree No. 26/2025/ND-CP, defining the functions, tasks, powers and organisational structure of the State Bank of Vietnam;

At the proposal of the Director of the Department of Banking System Safety;

The Governor of the State Bank of Vietnam promulgates the Circular amending and supplementing a number of articles of Circular No. 22/2019/TT-NHNN of November 15, 2019, of the Governor of the State Bank of Vietnam, prescribing limits and prudential ratios in operations of banks and foreign bank branches.

Article 1. To amend and supplement Clause 5, Article 16 as follows:

“5. Banks and foreign bank branches shall comply with the maximum ratio of short-term capital sources used for provision of medium- and long-term loans, which is 40%.”

Article 2. To amend and supplement Point a, Clause 4, Article 20 as follows:

“a/ Deposits of domestic and foreign institutions (including also deposits of other credit institutions and foreign bank branches), except:

(i) Escrow deposits and special-use capital deposits of clients;

(ii) Demand deposits of the State Treasury;

(iii) Amounts each equal to 80% of the balance of the State Treasury’s term deposits, or another ratio decided by the Governor of the State Bank of Vietnam in each period.”.

Article 3. Effect

1. This Circular takes effect on July 1, 2026.

2. This Circular annuls:

a/ Circular No. 08/2020/TT-NHNN of August 14, 2020, amending and supplementing a number of articles of Circular No. 22/2019/TT-NHNN of November 15, 2019, of the Governor of the State Bank of Vietnam, prescribing limits and prudential ratios in operations of banks and foreign bank branches;

b/ Circular No. 08/2026/TT-NHNN of May 15, 2026, amending and supplementing Point a, Clause 4, Article 20 of Circular No. 22/2019/TT-NHNN of November 15, 2019, of the Governor of the State Bank of Vietnam, prescribing limits and prudential ratios in operations of banks and foreign bank branches.

Article 4. Organisation of implementation

Heads of units under the State Bank of Vietnam, banks and foreign bank branches shall organise the implementation of this Circular.-

For the Governor of the State Bank of Vietnam
Deputy Governor
DOAN THAI SON