SBV Decision No. 284/2000/QD-NHNN1 on Loan Provision to Customers by Credit Institutions

Vietnam

(enacted in 2000)

SBV Decision No. 284/2000/QD-NHNN1 on Loan Provision to Customers by Credit Institutions replaces the State Bank of Vietnam’s Decision No. 324/1998/QD-NHNN1 of September 30, 1998. 

All credit institutions are subject to provisions of this decision which covers, among other things, 

  • The right to lending autonomy of credit institutions;
  • Capital borrowing principles and conditions;
  • Types of loans;
  • Loan objects;
  • Lending terms, interest rates and loan amounts as well as repayment,;
  • Capital borrowing dossiers;
  • Loan evaluation and decisions;
  • Lending modes;
  • Foreign currency loans;
  • Credit contracts; and
  • Rights and obligations of customers and credit institutions.