Vietnamese
Limits and prudential ratios in operations of the Vietnam Development Bank (VDB) in the Circular No. 07/2019/TT-NHNN are amended and supplemented in the Circular No. 07/2022 dated June 30, 2022, by the State Bank of Vietnam. And this Circular takes effect on August 15, 2022.
Accordingly, the total outstanding balance of loans includes:
+ Short-term outstanding balance of loans supporting export;
+ Short-term outstanding balance of loans for special projects of the Government;
+ Intermediate-term outstanding balance of investment credit;
+ Intermediate-term outstanding balance of loans for special projects of the Government;
+ Long-term outstanding balance of investment credit;
+ Long-term outstanding balance of loans for special projects of the Government;
+ Outstanding balance of loans required to be guaranteed;
+ Other outstanding balance of loans; and outstanding balance of pending loans.
The equity used for lending shall be the equity of the VDB in accordance with the Government’s regulations, except for the residual value of fixed assets and actual construction-in-progress expenses, but not exceeding 25% of the charter capital and reserve fund for the addition of charter capital of VDB.
Remarkably, the VDB shall maintain the ratio of the outstanding balance of loans to the total capital used for lending of 95% at the maximum and the liquidity reserve ratio of at least 0.6%.
