Decree No. 48-2001-ND-CP on Organization and Operation of People’s Credit Funds

Vietnam

(enacted in 2001)

Decree No. 48-2001-ND-CP on Organization and Operation of People’s Credit Fund prescribes the organization and operation of Local People’s Credit Funds and Central People’s Credit Funds in Vietnam, including:

  • Establishment and Business Registration;
  • Membership conditions and requirements;
  • Organization and Management of People’s Credit Funds;
  • Operation of Local People’s Credit Funds;
  • Operation of Central People’s Credit Funds;
  • Bank Inspectorate, Auditing, Special Control, Bankruptcy, Dissolution, Liquidation; and
  • State Management over People’s Credit Funds.