STATE BANK OF VIETNAM------------ No. 27/2011/TT-NHNN | SOCIALISTREPUBLIC OF VIETNAMIndependence-Freedom - Happiness-------------------- Hanoi, 31 August 2011 |
circular
ON THE AMENDMENT, SUPPLEMENT SEVERAL ARTICLES OF THE REGULATION ON
REQUIRED RESERVE APPLICABLE TO CREDIT INSTITUTIONS ISSUED IN CONJUNCTION WITH THE DECISION NO. 581/2003/QD-NHNN DATED 09 JUNE 2003 OF THE GOVERNOR
OF THE STATE BANK
Pursuant to the Law on the State Bank of Vietnam No. 46/2010/QH12 dated 16 June 2010;
Pursuant to the Law on Credit Institutions No. 47/2010/QH12 dated 16 June 2010;
Pursuant to the Decree No. 96/2008/ND-CP dated 26 August 2008 of the Government providing for te functions, duties, authorities and organizational structure of the State Bank of Vietnam;
The State Bank of Vietnam hereby amends, supplements several Articles of the Regulation on required reserve applicable to credit institutions issued in conjunction with the Decision No. 581/2003/QD-NHNN dated 09 June 2003 of the Governor of the State Bank as follows:
Article 1.To amend, supplement several articles of the Regulation on required reserve applicable to credit institutions issued in conjunction with the Decision No. 581/2003/QD-NHNN dated 09 June 2003 of the Governor of the State Bank as follows:
1. To supplement to Item b Paragraph 1 Article 12 with contents as follows:
"- Deposit of overseas credit institutions."
2. To supplement reporting forms enclosed to this Circular: Form No. 1 - Report on the average balance of mobilized deposits which are subject to required reserve and Form No. 3 - General report on the performance of required reserve of credit institutions.
Article 2. Implementation effectiveness
1. This Circular shall be effective from 01 September 2011.
2. The Decision No. 187/QD-NHNN dated 16 January 2008 of the Governor of the State Bank on the adjustment of required reserve applicable to credit institutions shall be abolished.
3. Director of the Administrative Department, Director of the Banking Inspection and Supervision Department, Heads of units of the State Bank, General Managers of State Bank s branches in provinces, cities under the central Government s management; Chairman of Board of Members, Chairman of Board of Directors and General Directors (Directors) of credit institutions shall be responsible for the implementation of this Circular.
| FOR THE GOVERNOR OF THE STATE BANK OF VIETNAM DEPUTY GOVERNOR nguyen dong tien |
Form No. 1
Credit institutions shall submit to the Banking Operation Department,
State Bank branches in provinces, cities where their head offices are located
Name of Credit Institution
report
On the average balance of mobilized deposits which are subject to required reserve of month … year …..
Unit: VND million, USD/EURO/JPY/GBP/CHF thousand
Date | Average balance of mobilized deposits in VND subject to required reserve | Average balance of mobilized deposits in foreign currency subject to required reserve |
Deposits of overseas credit institutions | Other deposit subject to required reserve |
Demand deposits and deposits with term of less than 12 months | Deposits with term of 12 months and more | Demand deposits and deposits with term of less than 12 months | Deposits with term of 12 months and more |
1 | | | | | |
2 | | | | | |
3 | | | | | |
… | | | | | |
30 | | | | | |
31 | | | | | |
Average balance | | | | | |
Drawer | Controller | …., date …… Head of Unit(Signature, seal) |
Form No. 3
- State Bank branches in provinces, cities shall submit to the Banking Operation Department
- The Banking Operation Department shall collect reports and send to the Governor with a copy to the Banking Inspection and Supervision Department, Monetary Policy Department
General report
on the performance of required reserve of credit institutions in month … year ….
Unit: VND million, USD/EURO/JPY/GBP/CHF thousand
Ordinal No. | Name of CI | Average balance of mobilized deposits subject to required reserve | Amount subject to required reserve at the SBV | Real reserve in the period | Excessive/deficient required reserve | Summary of result of dealing with the excessive/ deficient required reserve |
In VND | In foreign currency |
Demand deposits and deposits with term of less than 12 months | Deposits with term of 12 months and more | Deposits of overseas credit institutions | Other deposit subject to required reserve |
| | | Demand deposits and deposits with term of less than 12 months | Deposits with term of 12 months and more | VND | Foreign currency | VND | Foreign currency | VND | Foreign currency |
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) |
1 | | | | | | | | | | | | | |
2 | | | | | | | | | | | | | |
| | | | | | | | | | | | | |
Total | | | | | | | | | | | | |
Drawer | Controller | …., date …… Head of Unit(Signature, seal) |
Vietnamese
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