THE STATE BANK OF VIETNAM
Circular No. 03/2012/TT-NHNN of March 8, 2012, on provision of foreign-currency loans by credit institutions and foreign bank branches to resident borrowers
Pursuant to June 16, 2010 Law No. 46/2010/QH12 on the State Bank of Vietnam;
Pursuant to June 16, 2010 Law No. 47/2010/QH12 on Credit Institutions;
Pursuant to December 13, 2005 Ordinance No. 28/2005/PL-UBTVQH11 on Foreign Exchange;
Pursuant to the Government’s Decree No. 160/2006/ND-CP of December 28, 2006, detailing the Ordinance on Foreign Exchange;
Pursuant to the Government’s Decree No. 96/ 2008/ND-CP of August 26, 2008, 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 issues a circular on provision of foreign-currency loans by credit institutions and foreign bank branches to resident borrowers.
Article 1. Credit institutions and foreign bank branches licensed for foreign exchange activities may consider providing resident borrowers
