Vietnamese
On October 12, 2026, the State Bank of Vietnam issued Circular No. 55/2026/TT-NHNN, amending and supplementing a number of articles of Circular No. 18/2025/TT-NHNN. The Circular takes effect from November 26, 2026.
The Circular revises provisions on 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. It applies to the Deposit Insurance of Vietnam, the Cooperative Bank of Vietnam, people's credit funds, and microfinance institutions.
- Sharing information with the Deposit Insurance of Vietnam and the Cooperative Bank of Vietnam
The Circular provides that 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. The 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, while 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. Units provided with shared information and reports shall use them for the proper purposes and comply with the laws on personal data protection.
- Looking up information related to deposits
A customer making deposits at a people's credit fund may look up information relating to his/her/its own deposits. In cases where the lookup results do not match, the customer shall provide information to the SBV Regional branch for verification and handling. The Governor of the State Bank shall promulgate the Guidance on lookup of deposit-related information.
- Assessment and upgrading of the information system
The Circular adds provisions on coordinating with the Department of Banking System Safety in assessing impacts on the design of the Supervisory Information System, and upgrading the information system. Appropriate technical measures to ensure the safety of personal data during the process of storing, transmitting, receiving and sharing data shall be applied.
- Proposals for amendments to information and reports
Relevant entities may propose to the Governor of the State Bank (through the Department of Banking System Safety) the supplementation, amendment or cancellation 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.
The Circular aims to enhance supervisory effectiveness and ensure the safety of the system of people's credit funds, microfinance institutions, while protecting personal data during information sharing.
