THE STATE BANK
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 1280/2002/QD-NHNN
Hanoi, November 19, 2002
 
DECISION
PROMULGATING THE MODEL CHARTER ON ORGANIZATION AND OPERATION OF JOINT-VENTURE BANKS
THE STATE BANK GOVERNOR
Pursuant to State Bank Law No. 01/1997/QH10 and Credit Institutions 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 responsibilities of the ministries and ministerial-level agencies;
Pursuant to the Government’s Decree No. 13/1999/ND-CP of March 17, 1999 on organization and operation of foreign credit institutions and their representative offices in Vietnam;
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 joint-venture banks.
Article 2.- This Decision takes effect 15 days after its signing.
Article 3.- Within 9 months as from the date this Decision takes effect, joint-venture banks shall base themselves on the model charter on organization and operation of joint-venture banks promulgated together with this Decision to elaborate their own charters, then submit them to the State Bank Governor for approval.
Article 4.- The director of the Office, the director of the Department for Banks and Non-Bank Credit Institutions, the heads of the units of the State Bank, the directors of the State Banks branches in the provinces and centrally-run cities, the chairmen of Managing Boards and general directors of joint-venture banks shall have to implement this Decision.
 
FOR THE STATE BANK GOVERNOR
DEPUTY GOVERNOR




Tran Minh Tuan
 
MODEL CHARTER APPLICABLE TO JOINT-VENTURE BANKS
(Promulgated together with the State Bank Governors Decision No. 1280/2002/QD-NHNN of November 19, 2002)
Chapter I
GENERAL PROVISIONS
Article 1.- Parties participating in the establishment of a joint-venture bank (JVB)
1. The Vietnamese party (including one or several Vietnamese banks):...
- The banks establishment and operation license No...., dated...
- Head office: ...
- Representative: ... (Full name - Post - Nationality)
2. The foreign party (including one or several foreign banks):...
- The banks establishment and operation license No...., dated...
- Head office: ...
- Representative: ... (Full name - Post - Nationality)