THE STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence- Freedom – Happiness
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No. 1096/2004/QD-NHNN
Hanoi, September 6, 2004
 
 DECISION
ON THE ISSUANCE OF THE REGULATION ON FACTORING ACTIVITY OF CREDIT INSTITUTIONS
 THE GOVERNOR OF THE STATE BANK
 
- Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 dated 12 December, 1997 and the Law on the amendment, supplement of several Articles of the Law on the State Bank of Vietnam No. 10/2003/QH11 dated 17 June, 2003;
- Pursuant to the Law on Credit Institutions No. 02/1997/QH10 dated 12 December, 1997; and the Law on the amendment, supplement of several Articles of the Law on Credit Institutions No. 20/2004/QH11 dated 15 June, 2004;
- Pursuant to the Decree No. 86/2002/ND-CP dated 05 November, 2002 of the Government providing for the function, assignment, authority and organizational structure of the ministries and ministerial level agencies;
- Upon the proposal of the Director of the Banks and Non-bank Credit Institution Department,
 
DECIDES:
 
Article 1. To issue in conjunction with this Decision “the Regulation on factoring activity of credit institutions”
Article 2. This Decision shall be effective from 01 October, 2004.
Article 3. The Director of Administrative Department, the Director of the Banks and Non-bank Credit Institutions Department, Heads of units of the State Bank, General Managers of the State Bank's branches in provinces, cities under the central Government’s management, Chairpersons of the