Circular 44/2024/TT-NHNN amend Circular 16/2019/TT-NHNN on the issuance of the State Bank bills

CIRCULAR

Amending and supplementing Clause 2 Article 2 of the Circular No. 16/2019/TT-NHNN dated October 22, 2019 of the Governor of the State Bank of Vietnam, on the issuance of the State Bank bills

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Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010;

Pursuant to the Law on Credit Institutions dated January 18, 2024;

Pursuant to the Government’s Decree No. 102/2022/ND-CP dated December 12, 2022, defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Monetary Policy Department;

The Governor of the State Bank of Vietnam promulgates the Circular amending and supplementing Clause 2 Article 2 of the Circular No. 16/2019/TT-NHNN dated October 22, 2019 of the Governor of the State Bank of Vietnam, on the issuance of the State Bank bills.

Article 1. To amend and supplement Clause 2 Article 2 of the Circular No. 16/2019/TT-NHNN

“2. Commercial banks, foreign bank branches, general finance companies, specialized finance companies, cooperative banks, policy banks (hereinafter referred to as credit institutions).”

Article 2. Responsibility of implementation organization

Chief of Office, Director of the Monetary Policy Department, heads of units of the State Bank of Vietnam, Deposit Insurance of Vietnam, and credit institutions shall be responsible for organizing the implementation of this Circular.

Article 3. Implementation provisions

This Circular takes effect on October 23, 2024.

For the Governor

The Deputy Governor

Pham Thanh Ha