Circular 46/2026/TT-NHNN amend Circular 15/2023/TT-NHNN on credit information operation of State Bank

CIRCULAR

Amending and supplementing a number of articles of Circular No. 15/2023/TT-NHNN providing on credit information operation of the State Bank of Vietnam

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

Pursuant to the Law on Credit Institutions No. 32/2024/QH15, amended and supplemented under Law No. 96/2025/QH15;

Pursuant to the Government’s Decree No. 329/2025/ND-CP on issuance of establishment and operation licenses for banks, foreign exchange management, anti-money laundering, counter-terrorism financing, and combat of the financing of the proliferation of weapons of mass destruction at the International Financial Center in Vietnam;

Pursuant to the Government’s Decree No. 26/2025/ND-CP defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam, amended and supplemented under Decree No. 198/2026/ND-CP;

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

The Governor of the State Bank of Vietnam hereby promulgates the Circular amending and supplementing a number of articles of Circular No. 15/2023/TT-NHNN providing on credit information operation of the State Bank of Vietnam.

Article 1. To amend and supplement a number of clauses of Article 2

1. To amend and supplement Clause 1 as follows:

“1. Departments and units under the State Bank, the regional State Bank branches, Vietnam Asset Management Company (hereinafter referred to as units under the State Bank).”.

2. To amend and supplement Clause 2 as follows:

“2. Credit institutions, foreign bank branches established and operating in Vietnam (hereinafter collectively referred to as credit institutions).”.

Article 2. To amend and supplement a number of clauses of Article 3

1. To add Clause 3a after Clause 3 as follows:

“3a. Member bank means commercial bank or foreign bank branch established, organized and operating under Resolution No. 222/2025/QH15 on the International Financial Center in Vietnam, and Decree No. 329/2025/ND-CP on issuance of establishment and operation licenses for banks, foreign exchange management, anti-money laundering, counter-terrorism financing, and combat of the financing of the proliferation of weapons of mass destruction at the International Financial Center in Vietnam.”.

2. To amend and supplement Clause 4 as follows:

“4. Affiliated person of the borrower means an organization or individual having direct or indirect relations with the credit institution's borrower in accordance with the Law on Credit Institutions.

For member banks, affiliated persons shall be determined under Decree No. 329/2025/ND-CP.”.

Article 3. To amend and supplement a number of clauses of Article 4

1. To amend and supplement Clause 2 as follows:

“2. Support credit institutions in their operations, contributing to ensure their operation safety.”.

2. To add Clause 2a after Clause 2 as follows:

“2a. Support voluntary institutions in their business activities.”.

Article 4. To amend and supplement a number of points and clauses of Article 9

1. To amend and supplement Point i, Clause 1 as follows:

“i) Annual financial statements (according to the financial statements submitted to the tax office or audited financial statements) of corporate borrowers. Borrowers being foreign organizations shall prepare annual financial statements according to International Accounting Standards or National Accounting Standards of the country where they are headquartered.”.

2. To amend and supplement Clause 3 as follows:

“3. The provision of credit information specified in Clauses 1 and 2 of this Article is carried out under electronic data form according to the credit information norm system. In case, some groups or all groups of credit information norms cannot be provided under electronic data form, credit institutions and voluntary institutions may provide them in writing as agreed upon with CIC.”.

Article 5. To amend and supplement Article 10

“Article 10. Time limit for providing credit information

The time limit for providing norm groups specified in Article 9 of this Circular is as follows:

1. Credit institutions shall provide norm groups at the frequency specified in the credit information norm system issued together with the Decision of the Governor of the State Bank.

2. Voluntary institutions shall provide norm groups at the frequency stated in the information exchange contracts concluded with CIC.”.

Article 6. To amend and supplement a number of clauses of Article 12

1. To amend and supplement Clause 6 as follows:

“6. Other institutions (if any).”.

2. To add Clause 7 after Clause 6 as follows:

“7. The provision of credit information on borrowers for voluntary institutions specified in Clause 3, foreign credit information institutions specified in Clause 5 and other institutions specified in Clause 6 of this Article shall be subject to the consent of such borrowers in accordance with relevant laws and shall comply with the contracts entered into with CIC. The borrowers’ consents shall be expressed in a clear and specific manner and shall be capable of being printed or reproduced in writing, including in electronic form or another verifiable format.”.

Article 7. To add Clause 7a after Clause 7, Article 14

“7a. Act as the focal point for providing and sharing information with agencies performing inspection, examination and supervision functions at the International Financial Center in Vietnam regarding the State Bank’s credit information activities in relation to credit institutions in accordance with Decree No. 329/2025/ND-CP.”.

Article 8. To amend and supplement a number of clauses of Article 15

1. To amend and supplement Clause 2 as follows:

“2. The State Bank Inspectorate shall assume the prime responsibility for, and coordinate with CIC and relevant units in, inspecting credit information operation at credit institutions, except for the cases specified in Clause 3a of this Article.”.

2. To amend and supplement Clause 3 as follows:

“3. Regional State Bank branches shall assume the prime responsibility for, and coordinate with CIC and relevant units, in carrying out inspection of credit information operation at credit institutions based in their localities, except for the cases specified in Clause 3a of this Article.”.

3. To add Clause 3a after Clause 3 as follows:

“3a. The inspection of credit information operations of member banks shall comply with regulations on inspection at the International Financial Center in Vietnam.”.

Article 9. To amend and supplement Clause 1, Article 17

“1. Ensure the borrowers’ consents to provide credit information to CIC for performance of credit information operations under this Circular and the law on personal data protection. The borrowers’ consents shall be expressed in a clear and specific manner and shall be capable of being printed or reproduced in writing, including in electronic form or another verifiable format.”.

Article 10. To amend and supplement Article 23

“Article 23. Implementation organization

Heads of units under the State Bank, General Director of the International Financial Center in Vietnam, credit institutions, and relevant organizations and individuals shall organize the implementation of this Circular.”.

Article 11. Effect

1. This Circular takes effect from November 01, 2026.

2. In case any document referred to in this Circular are amended, supplemented or replaced, the new ones shall prevail.

Article 12. Responsibility for implementation organization

Heads of units under the State Banks, General Director of the National Credit Information Centre of Vietnam, credit institutions and relevant organizations and individuals shall organize the implementation of this Circular./.