Circular 55/2026/TT-NHNN amend Circular 18/2025/TT-NHNN use Information System for supervision of operations of people’s credit funds and microfinance institutions

CIRCULAR

Amending and supplementing a number of articles of Circular No. 18/2025/TT-NHNN providing for collection, exploitation and sharing of information and reports of the Information System serving the supervision of operations of people's credit funds and microfinance institutions

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, as amended and supplemented by Law No. 96/2025/QH15;

Pursuant to Decree No. 26/2025/ND-CP of the Government defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam, as amended and supplemented by 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 promulgates the Circular amending and supplementing a number of articles of Circular No. 18/2025/TT-NHNN prescribing the collection, exploitation and sharing of information and reports of the Information System serving the supervision of operations of people's credit funds and microfinance institutions.

Article 1. Amending and supplementing a number of clauses of Article 8

1. To amend and supplement Clause 2 as follows:

“2. For Deposit Insurance of Vietnam and the Cooperative Bank of Vietnam:

a) The sharing of information and reports with Deposit Insurance of Vietnam and the Cooperative Bank of Vietnam shall be carried out through the connection between information systems in accordance with the guidance of the Information Technology Department;

b) Scope of information and report sharing:

(i) Deposit Insurance of Vietnam may be provided with shared information and reports in accordance with the law on provision of information between the State Bank and Deposit Insurance of Vietnam;

(ii) The Cooperative Bank of Vietnam may be provided with shared information and reports for performance of its duties with respect to the system of people’s credit funds in accordance with law, including:

- Information and reports provided by people’s credit funds as prescribed in Clause 1 Article 3 of this Circular;

- Information and reports provided by the SBV Regional branch on inspection conclusions and examination conclusions regarding people’s credit funds as prescribed in Clause 2 Article 3 of this Circular and output products related to the implementation of recommendations and post-inspection and post-examination remediation;

- Output products developed on the basis of information and reports provided by people’s credit funds.

(iii) In addition to the information and reports specified at Point b(ii) of this Clause, where the Cooperative Bank of Vietnam needs access to other information or reports, it shall send a written request to the Department of Banking System Safety for consolidation and submission to the Governor of the State Bank for approval;

c) Units provided with shared information and reports shall use them for the proper purposes, contributing to ensuring the safety of the system of people’s credit funds, microfinance institutions and the safety of the system of credit institutions;

d) In cases where shared information or reports contain personal data as prescribed by law, entities receiving such shared information or reports shall comply with Clause 2, Article 19 of the Law on Personal Data Protection and relevant legal provisions.”

2. To add Clause 4 as follows:

“4. Looking up information related to deposits:

a) A customer making deposits at a people’s credit fund may look up information relating to his/her/its own deposits based on information and reports in the Supervisory Information System and shall keep personal information and lookup information confidential in accordance with law;

b) In cases where the lookup results do not match, the customer making deposits shall provide information to the SBV Regional branch;

c) Mismatched information provided by the depositing customer shall serve as a basis for the SBV Regional branch to verify and handle it in accordance with law;

d) The Governor of the State Bank shall promulgate the Guidance on lookup of deposit-related information as prescribed at Points a, b and c of this Clause, including at least the following contents:

(i) Guidance for customers making deposits to look up deposit-related information;

(ii) Guidance for customers making deposits to provide mismatched lookup information to the SBV Regional branch;

(iii) Responsibilities of the SBV Regional branch for receipt, verification and handling;

(iv) Time limits for receipt, verification, handling and notification of results to customers making deposits;

(v) Commencement date.”

Article 2. Adding Clauses 11, 12 and 13 to Article 10

“11. Acting as the focal point for coordinating with the Department of Banking System Safety in assessing impacts on the design of the Supervisory Information System, and surveying people’s credit funds regarding the time for upgrading the information system, meeting connection requirements for provision of information and reports upon amendment, supplementation or replacement of the List of information and reports provided to the Supervisory Information System.

12. Acting as the focal point for coordinating with the Department of Banking System Safety and relevant units in implementing Clause 4, Article 8 of this Circular:

a) Researching and developing technical solutions and organizing the implementation of the deposit-related information lookup function for customers making deposits at people’s credit funds;

b) Submitting to the Governor of the State Bank for promulgation of the Guidance on lookup of deposit-related information;

c) Developing and deploying technical solutions for storing, processing, aggregating and exploiting the results of information lookup of customers making deposits at people’s credit funds.

13. Applying appropriate technical measures to ensure the safety of personal data during the process of storing, transmitting, receiving and sharing data in accordance with the laws on personal data protection, cyberinformation security and regulations of the State Bank in cases where the Supervisory Information System shares information and reports containing personal data with the Deposit Insurance of Vietnam, Cooperative Bank of Vietnam.”

Article 3. Amending and supplementing a number of clauses of Article 11

1. To amend and supplement Clause 2 as follows:

“2. Acting as the focal point for receiving documents from the entities specified in Clause 1 Article 12, Clause 1 Article 13, Clause 1 Article 14, and Clause 4 Article 16, and coordinating with the Information Technology Department in assessing the necessity and submitting them to the Governor of the State Bank for handling.”.

2. To amend and supplement Clause 5 as follows:

“5. Acting as the focal point for receiving registrations for access to and sharing of information and reports as prescribed at Point c, Clause 1 and Point b(iii), Clause 2, Article 8 of this Circular, and submit them to the Governor of the State Bank for approval and notify the entities thereof.”,

3. To add Clauses 9 and 10 as follows:

“9. Coordinating with the Information Technology Department in implementing Clauses 11 and 12, Article 10 of this Circular.

10. On a monthly basis, based on the aggregated results of information lookups by customers making deposits as prescribed in Clause 4, Article 8 of this Circular, coordinating with the Information Technology Department in consolidating and reporting to the Governor of the State Bank.”

Article 4. Amending and supplementing Clause 1, Article 12

“1. Proposing to the Governor of the State Bank (through the Department of Banking System Safety) the supplementation, amendment or cancellation of information and reports prescribed in Article 3 of this Circular; inspection formulas; output products; methods for calculation of information and reports of the Supervisory Information System. The document sent to the Department of Banking System Safety must clearly state the necessity for, and details of, the proposals to the Governor of the State Bank.”

Article 5. To amend and supplement Clause 1, Article 13

“1. Proposing to the Governor of the State Bank (through the Department of Banking System Safety) the supplementation, amendment, or cancellation of information and reports prescribed in Article 3 of this Circular; inspection formulas; output products; and methods for calculation of information and reports of the Supervisory Information System. The document sent to the Department of Banking System Safety must clearly state the necessity for, and details of, the proposals to the Governor of the State Bank.”

Article 6. Amending and supplementing a number of clauses of Article 14

1. To amend and supplement Clause 1 as follows:

“1. Proposing to the Governor of the State Bank (through the Department of Banking System Safety) the supplementation, amendment or cancellation of information and reports prescribed in Article 3 of this Circular; verification formulas; output products; methods of calculation of information and reports of the Supervisory Information System. The document sent to the Department of Banking System Safety must clearly state the necessity for, and details of, the proposals to the Governor of the State Bank.”.

2. To add Clause 5 and Clause 6 as follows:

“5. Requiring people’s credit funds to notify customers making deposits, publicly posting at their head offices, transaction offices, and on their websites (if any); and coordinating with commune-level People’s Committees to provide information and conduct communication on the commune’s communication media where such people’s credit funds operate regarding the ability of customers making deposits to look up deposit-related information in accordance with the guidance of the State Bank.

6. Requesting people’s credit funds to provide information for implementing Point d(iii), Clause 4, Article 8 of this Circular.”

Article 7. Adding Clause 4 to Article 16

“4. The Deposit Insurance of Vietnam and the Cooperative Bank of Vietnam shall propose to the Governor of the State Bank (through the Department of Banking System Safety) the supplementation, amendment or cancellation of information and reports prescribed in Article 3 of this Circular; inspection formulas; output products; and methods for calculating information and reports of the Supervisory Information System. The written request sent to the Department of Banking System Safety must clearly state the necessity and details of the proposals to the Governor of the State Bank.”

Article 8. Effect

This Circular takes effect from November 26, 2026.

Article 9. Implementation responsibilities

Heads of units under the State Bank of Vietnam, the Deposit Insurance of Vietnam, the Cooperative Bank of Vietnam, people’s credit funds, and microfinance institutions shall be responsible for organizing the implementation of this Circular./.