THE STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence- Freedom – Happiness
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No. 02/2008/QD-NHNN
Hanoi, 15 January 2008
DECISION
ON THE AMENDMENT, SUPPLEMENT OF SEVERAL ACCOUNTS IN THE ACCOUNTS SYSTEM OF CREDIT INSTITUTIONS ISSUED IN CONJUNCTION WITH THE DECISION NO. 479/2004/QD-NHNN DATED 29/4/2004, THE DECISION NO. 807/2005/QD-NHNN DATED 01/06/2005 AND THE DECISION NO. 29/2006/QD-NHNN DATED 10/7/2006 OF THE GOVERNOR OF THE STATE BANK
THE GOVERNOR OF THE STATE BANK
- Pursuant to the Law on the State Bank of Vietnam issued in 1997 and the Law on amendment, supplement of several articles of the Law on the State Bank of Vietnam issued in 2003;
- Pursuant to the Law on Credit Institutions issued in 1997 and the Law on the amendment, supplement of several articles of the Law on Credit Institutions issued in 2004;
- Pursuant to the Law on Accounting issued in 2003;
- Pursuant to the Decree No. 52/2003/ND-CP dated 19/5/2003 of the Government providing for the functions, duties, authorities and organizational structure of the State Bank of Vietnam;
Upon the approval of the amendment, supplement of the Accounts System of Credit Institutions at the Official Dispatch No.16862/BTC-CDKT dated 10/12/2007 of the Ministry of Finance;
Upon the proposal of the Director of the Finance – Accounting Department,
DECIDES:

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Article 1. To cancel some contents in the Accounts System of credit institutions (CIs) issued in conjunction with the Decision No. 479/2004/QD-NHNN dated 29/4/2004 and the Decision No. 29/2006/QD-NHNN dated 10/7/2006 of the Governor of the State Bank (SBV) as follows:
1. To cancel some accounts in the Accounts System of CIs issued in conjunction with the Decision No. 479/2004/QD-NHNN dated 29/4/2004 of the Governor of SBV:
- Account 312 - Value of working tools in use already charged to expenses;
- Account 921 - Commitment on the guarantee to customers;
- Account 925 - Commitment on the financing to customers.
2. To cancel Paragraph 28 Article 2 of the Decision No. 29/2006/QD-NHNN dated 10/7/2006 of the Governor of the State Bank.
Article 2. To amend, supplement the accounting content of some accounts in the Accounts System of CIs issued in conjunction with the Decision No. 479/2004/QD-NHNN dated 29/4/2004, Decision No. 807/2005/QD-NHNN dated 01/06/2005 and the Decision No. 29/2006/QD-NHNN dated 10/07/2006 of the Governor of the SBV as follows:
1. To amend the accounting content on accounts provided for in Article 2 of the Decision No. 807/2005/QD-NHNN dated 01/06/2005 and accounting content on accounts provided for in Paragraph 6 Article 3 of the Decision No. 29/2006/QD-NHNN dated 10/07/2006 of the Governor of the SBV:
1.1. In respect of accounts “Standard debt”:
These accounts shall be used to record amounts (in VND, foreign currencies or gold) which a CI has lent to other CIs, (domestic, foreign) organizations, individuals and classified into group 1 (Standard debt) in accordance with the current provisions on the debt classification.

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Debit: - Amounts lent to organizations, individuals, other CIs

 

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