Decision No. 424/1999/QD-NHNN5 dated November 30, 1999 of the State Bank on the amendment of the scope of operations of joint-venture banks in Vietnam

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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:	424/1999/QD-NHNN5	Signer:	Tran Minh Tuan
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:	30/11/1999	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Finance - Banking

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STATE BANK OF VIETNAM
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No.424/1999/QD-NHNN5

SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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Hanoi, November 30, 1999

DECISION

ON THE AMENDMENT OF THE SCOPE OF OPERATIONS OF JOINT-VENTURE BANKS IN VIETNAM

THE GOVERNOR OF THE STATE BANK OF VIETNAM

- Pursuant to the Law on the Credit Institutions No. 02/1997/QH10 announced in the Order No. 01/L-CTN dated 26 December, 1998 of the President of Socialist Republic of Vietnam;

- Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 announced in the Order No. 01/L-CTN dated 26 December, 1998 of the President of Socialist Republic of Vietnam;

- Pursuant to the Decree No. 13/1999/ND-CP dated 17 March, 1999 of the Government on the organisation, operation of the foreign Credit Institutions, Representative Offices of the foreign Credit Institutions in Vietnam;

- Upon the proposal of the Director of the Banks and Non-bank Credit Institutions Department,

DECIDES

Article 1.

To nullify the limitations on the receipt of demand deposits, term deposits in Vietnam Dong from individuals being a Vietnamese and legal entities being a Vietnamese organization that does not have credit relations with Joint-venture Banks in Vietnam as provided for in Article 1 of the Decision No. 415/1998/QD-NH5 dated 08 December, 1998 of the Governor of the State Bank.

Article 2.

This Decision shall be effective from 1 December, 1999.

Article 3.

The Director of the Administration Department; the Director of the Banks and Non-bank Credits Institutions Department; Heads of the State Bank units; Directors General (Directors) of the Joint-venture Banks operating in Vietnam shall be responsible for the implementation of this Decision.

FOR THE GOVERNOR OF THE STATE BANK OF VIETNAM
DEPUTY GOVERNOR

Tran Minh Tuan

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Decision No. 424/1999/QD-NHNN5 dated November 30, 1999 of the State Bank on the amendment of the scope of operations of joint-venture banks in Vietnam

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VIETNAMESE DOCUMENTS

ENGLISH DOCUMENTS

SAME CATEGORY

Circular No. 29/2026/TT-NHNN dated June 30, 2026 of the State Bank of Vietnam amending and supplementing a number of articles of Circular No. 39/2016/TT-NHNN prescribing the provision of loans by credit institutions and foreign bank branches to clients

Circular No. 27/2026/TT-NHNN dated June 26, 2026 of the State Bank of Vietnam amending and supplementing a number of articles of Circular No. 51/2024/TT-NHNN providing independent audit of commercial banks, non-bank credit institutions, microfinance institutions and foreign bank branches

Decision No. 39/QD-UBCK3 dated November 26, 1999 of the State Securities Commission approving the designated clearing bank

Decree No. 166/1999/ND-CP dated November 19, 1999 of the Government on the financial regime for credit institutions

Circular No. 129/1999/TT-BTC dated November 05, 1999 of the Ministry of Finance guiding the mechanism of managing the loan capital for the specialized credit program of the japan bank for international cooperation (JBIC)