Decision No. 632/QD-TTg 2020 plan on State’s development investment credit loans

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ATTRIBUTE

Decision No. 632/QD-TTg dated May 12, 2020 of the Prime Minister on assignment of the 2020 plan on the State’s development investment credit loans
Issuing body: Prime MinisterEffective date:
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Official number:632/QD-TTgSigner:Nguyen Xuan Phuc
Type:DecisionExpiry date:Updating
Issuing date:12/05/2020Effect status:
Known

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Fields:Finance - Banking

SUMMARY

Vietnam Bank for Social Policies strives to increase its credit outstanding balance by 80% compared to 2019

On May 12, 2020, the Prime Minister issues the Decision No. 632/QD-TTg on assignment of the 2020 plan on the State’s development investment credit loans.

Accordingly, the Prime Minister assigns the 2020 plan on the State’s development investment credit loans to the Vietnam Bank for Social Policies with the growth of credit outstanding balance of 8% compared to 2019. The Vietnam Bank for Social Policies shall organize the implementation of the assigned plan on development investment credit loans, ensuring security, efficiency and law compliance.

The Minister of Planning and Investment, Minister of Finance, and Chairperson of the Board of Directors of the Vietnam Bank for Social Policies shall implement this Decision.

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Effect status: Known

THE PRIME MINISTER

--------------

 

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

No. 632/QD-TTg

 

Hanoi, May 12, 2020

 

 

DEICISION

On assignment of the 2020 plan on the State’s development investment credit loans

---------------

THE PRIME MINISTER

 

Pursuant to the June 19, 2015 Law on Organization of the Government;

Pursuant to the Government’s Decree No. 91/2018/ND-CP of June 26, 2018, on the grant and management of government guarantee;

Pursuant to the Government’s Decree No. 78/2002/ND-CP of October 4, 2002, on credit for poor people and other policy beneficiaries;

At the proposal of the Minister of Planning and Investment in Document No. 2826/BKHDT-TCTT of April 29, 2020,

 

DECIDES:

 

Article 1.To assign the 2020 plan on the State’s development investment credit loans to the Vietnam Bank for Social Policies as provided in the Appendix to this Decision. The Vietnam Bank for Social Policies shall organize the implementation of the assigned plan on development investment credit loans, ensuring security, efficiency and law compliance.

Article 2.The Minister of Planning and Investment, Minister of Finance, and Chairperson of the Board of Directors of the Vietnam Bank for Social Policies shall implement this Decision.-

Prime Minister

NGUYEN XUAN PHUC

 


Vietnam Bank for Social Policies

APPENDIX

The 2020 plan on the State’s development investment credit loans

(To the Prime Minister’s Decision No. 632/QD-TTg of May 12, 2020)

Norm

Unit of calculation

The 2020’s plan

The State’s investment credit plan

 

 

Growth of credit outstanding balance compared to 2019

%

8

 

 

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