VietnameseDecision No. 312/2003/QD-NHNN of April 4, 2003, on the amendment, supplement of item a, point 2 of the Circular No. 03/2003/TT-NHNN dated 24 February, 2003 guiding the lending without assets security in accordance with the Resolution No. 02/2003/NQ-CP dated 17 January, 2003 of the Government
ATTRIBUTE
Decision No. 312/2003/QD-NHNN of April 4, 2003, on the amendment, supplement of item a, point 2 of the Circular No. 03/2003/TT-NHNN dated 24 February, 2003 guiding the lending without assets security in accordance with the Resolution No. 02/2003/NQ-CP dated 17 January, 2003 of the Government
| Issuing body: | State Bank of Vietnam | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 312/2003/QD-NHNN | Signer: | Phung Khac Ke |
| Type: | Decision | Expiry date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Issuing date: | 04/04/2003 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Finance - Banking |
For more details, click here.
Download files here.
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency
Effect status: Known
THE STATE BANK OF VIETNAM ----------- | SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness --------------- |
No. 312/2003/QD-NHNN | Hanoi, April 4, 2003 |
DECISION
ON THE AMENDMENT, SUPPLEMENT OF ITEM A, POINT 2 OF THE CIRCULAR No. 03/2003/TT-NHNN DATED 24 FEBRUARY, 2003 GUIDING THE LENDING WITHOUT ASSETS SECURITY IN ACCORDANCE WITH THE RESOLUTION No. 02/2003/NQ-CP DATED 17 JANUARY, 2003 OF THE GOVERNMENT
THE GOVERNOR OF THE STATE BANK
- Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 dated 12 December, 1997;
- Pursuant to the Decree No. 86/2002/ND-CP dated 05 November, 2002 of the Government on the function, assignment, authority and organizational structure of the ministries and ministerial-level agencies;
- Upon the proposal of the Director of the Monetary Policy Department,
- Pursuant to the Decree No. 86/2002/ND-CP dated 05 November, 2002 of the Government on the function, assignment, authority and organizational structure of the ministries and ministerial-level agencies;
- Upon the proposal of the Director of the Monetary Policy Department,
DECIDES
Article 1. To amend, supplement item a, point 2 of the Circular No. 03/2003/TT-NHNN dated 24 February, 2003 of the Governor of the State Bank on guiding the lending without assets security in accordance with the Resolution No. 02/2003/NQ-CP dated 17 January, 2003 of the Government as follows:
“a. For farmer's households, owners of farms engaging in the production of agriculture, forestry, aquaculture and salt area in the nature of goods productions, having feasible investment projects, production and business plan in schemed zones, which have been invested with infrastructure, entered into a contract of product consumption with enterprises, co-operatives or have not entered into a contract of product consumption with enterprises, co-operatives but their products stated in feasible investment projects, production and business plan are capble of consumption, credit institutions shall consider and lend them up to VND 30 millions without applying the assets security measure, and the borrowers are required to submit to credit institutions the certificate of the land use right or the written confirmation of people committees of villages, wards, towns proving that the land being used is not involved in any dispute.”
Article 2. This Decision shall be effective after 15 days from the date of publication in the official gazette.
Article 3. Heads of units of the State Bank; Managers of the State Bank branches in provinces, cities under the central Government's management, the Board of Directors, General Directors (Directors) of credit institutions shall be responsible for the implementation of this Decision.
FOR THE GOVERNOR OF THE STATE BANK DEPUTY GOVERNOR Phung Khac Ke |
Processing, please wait...
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency
VIETNAMESE DOCUMENTS
Decision 312/2003/QĐ-NHNN DOC (Word)This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here
ENGLISH DOCUMENTS
Others
Decision 312/2003/QĐ-NHNN DOC (Word)This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here
* Note: To view documents downloaded from LuatVietnam.vn, please install DOC, DOCX and PDF file readers
For further support, please call 19006192
