Decision No. 175/QD-NH5 dated August 26, 1994 of the State Bank on lending foreign currency of foreign bank branch, joint-venture bank to domestic bank

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Decision No. 175/QD-NH5 dated August 26, 1994 of the State Bank on lending foreign currency of foreign bank branch, joint-venture bank to domestic bank
Issuing body: State Bank of VietnamEffective date:
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Official number:175/QD-NH5Signer:Chu Van Nguyen
Type:DecisionExpiry date:
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Issuing date:26/08/1994Effect status:
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Fields:Finance - Banking
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Effect status: Known

THE STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No:175/QD-NH5
Hanoi, August 26, 1994
 
DECISION
ON LENDING FOREIGN CURRENCY OF FOREIGN BANK BRANCH, JOINT-VENTURE BANK TO DOMESTIC BANK
GOVERNOR OF THE STATE BANK
Pursuant to the Ordinance on State Bank dated 24 may, 1990.
Pursuant to the Decree No. 15/CP dated 2 march, 1993 of the Government on tasks, powers, and
responsibilities for State management of Ministries, and Ministerial Agencies.
Pursuant to the Decree No 189/HDBT dated 5 June, 1991 of the Council of Ministers on promulgation of the regulation on foreign bank branches and joint-venture bank operating in Vietnam.
On the proposal of the Director of the financial institutions Department.
DECIDES
Article 1:
Foreign bank branch, joint-venture bank operating in Vietnam which are allowed to lend a foreign currency to Commercial banks of Vietnam on using the capital loan shall observe the provisions on purpose of foreign currency loan.
Article 2:
This Decision shall come into force from 1 September, 1994. The Director of the Governor's office, the Director of the financial institutions department, chiefs of departments... and units under Center State bank, General Directors, of Vietnam State banks, foreign bank branch, joint-venture bank operating in Vietnam are responsible for implementation of this Decision.
 

 
FOR THE STATE BANK
VICE GOVERNOR




Chu Van Nguyen
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