THE STATE BANK
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 122/2001/QD-NHNN
Hanoi, February 20, 2001
 
DECISION
PROMULGATING THE MODEL CHARTER ON ORGANIZATION AND OPERATION OF STATE-RUN COMMERCIAL BANKS
THE STATE BANK GOVERNOR
Pursuant to the Vietnam State Bank Law No. 01/1997/QH10 and Credit Institution Law No. 02/1997/QH10 of December 12, 1997;
Pursuant to the Government’s Decree No. 15/CP of March 2, 1993 on the tasks, powers and State management responsibilitie’s of the ministries and ministerial-level agencies;
Pursuant to the Government’s Decree No. 49/2000/ND-CP of September 12, 2000 on the organization and operation of the commercial banks;
At the proposal of the director of the Department for Banks and Non-Bank Credit Institutions,
 
DECIDES:
Article 1.-To promulgate together with this Decision the Model Charter on organization and operation of the State-run commercial banks.
Article 2.-This Decision takes effect 15 days after its signing and replaces Decision No. 318/QD-NHNN5 of November 25, 1996 of the State Bank Governor to promulgate the Model Charter on organization and operation of the State-run banks.
Article 3.-The director of the Office, the director of the Department for Banks and Non-Bank Credit Institutions, the heads of units under the State Bank, the directors of the State Bank’s branches in provinces and centrally-run cities, the chairmen of the Managing Boards and the general directors of the State-run commercial banks shall have to implement this Decision.
 

 

 
STATE BANK GOVERNOR
DEPUTY GOVERNOR





Tran Minh Tuan
 
MODEL CHARTER ON ORGANIZATION AND OPERATION OF STATE- RUN
COMMERCIAL BANKS
(Promulgated together with Decision No. 122/2001/QD-NHNN of February 20, 2001 of the State Bank Governor)
Chapter I
GENERAL PROVISIONS
Article 1.-The State-run commercial banks (hereafter called the bank for short) are established under the State Bank Governors decisions and may carry out banking activities and other relevant business activities for the purpose of profit, contributing to achieving the economic targets set by the State.
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