THE STATE BANK OF VIETNAM
Circular No. 03/2013/TT-NHNN dated January 28, 2013 of the State Bank of Vietnam providing on credit information activity of the State Bank of Vietnam
Pursuant to the Law on the State bank of Vietnam No. 46/2010/QH12, of June 16, 2010;
Pursuant to the Law on credit institutions No. 47/2010/QH12, of June 16, 2010;
Pursuant to the Decree No. 96/2008/ND-CP dated August 26, 2008 of the Government defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam;
At the proposal of Director of Credit Information Center;
The Governor of the State bank of Vietnam promulgated this Circular providing on credit information activity of the State bank of Vietnam,
Chapter 1.
GENERAL PROVISIONS
Article 1. Scope of regulation
This Circular provides on credit information activity of the State bank of Vietnam with the Credit information Centre as focal agency (hereinafter referred to as CIC) including:
1. Providing credit information for the state bank of Vietnam;
2. Handling, storing of and keeping in safety for credit information data;
3. Using credit information products and services;
4. Rights and obligations of relevant organizations, individuals.
Article 2. Subjects of application
1. Departments and units of the State Bank of Vietnam, the State bank’s branches in central-affiliated cities and provinces (hereinafter referred to as units of the State bank of Vietnam)
2. Credit institutions, foreign banks’ branches.
3. Borrowers.
4. Relevant organizations, individuals.
Article 3. Interpretation of terms
In this Circular, the following terms are construed as follows:
1. Credit information activity of the State bank of Vietnam means supply, handling, storing of, and keeping in safety for credit information date and use of credit information products and services (hereinafter referred to as credit information activity).
2. Credit information means information on borrowers and information related to borrowers at credit institutions, foreign banks’ branches.
3. Identification information means information aiming to identify clearly a borrower and distinguish with other borrower.
4. Borrowers include organizations, individuals or other subject as prescribed by law, having credit relationship with credit institutions, foreign banks’ branches.
5. Credit information products mean information report, publications made and supplied by the CIC to organizations, individuals on the basis of credit information gathered.
6. Credit information services mean provision of credit information products and other utilities of CIC for credit institutions, foreign banks’ branches, other organizations and individuals who have need.
7. Database of national credit information means a collection of credit information data and products of all kinds which are managed, saved and used on the information technology system of the CIC.
8. Organizations voluntarily joining the credit information system (hereinafter referred to as voluntary organizations) include:
