| THE STATE BANK ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------ |
| No: 1389/2001/QD-NHNN | Hanoi, November 07, 2001 |
DECISION
PROMULGATING THE REGULATION ON THE ESTABLISHMENT OF DEBT MANAGEMENT AND ASSET EXPLOITATION COMPANIES UNDER COMMERCIAL BANKS
THE STATE BANK GOVERNOR
Pursuant to 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 responsibilities of the ministries and ministerial-level agencies;
Pursuant to the Prime Minister’s Decision No. 150/2001/QD-TTg of October 5, 2001 on the establishment of debt management and asset exploitation companies under commercial banks;
At the proposal of the Director of the Department for Banks and Non-Bank Credit Institutions,
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 Prime Minister’s Decision No. 150/2001/QD-TTg of October 5, 2001 on the establishment of debt management and asset exploitation companies under commercial banks;
At the proposal of the Director of the Department for Banks and Non-Bank Credit Institutions,
DECIDES:
Article 1.- To issue together with this Decision the "Regulation on the establishment of debt management and asset exploitation companies under commercial banks."
Article 2.- This Decision takes effect 15 days after its signing and replaces the State Bank Governor’s Decision No. 305/2000/QD-NHNN5 of September 15, 2000 promulgating the Regulation on the establishment of debt management and mortgaged asset exploitation companies of commercial banks.
Article 3.- The Director of the Office, the Director of the Department for Banks and Non-Bank Credit Institutions, the heads of the units under the State Bank, the managers of the State Bank’s branches in the provinces and centrally-run cities, the chairmen of the managing boards, and the general directors (directors) of the commercial banks shall have to implement this Decision.
| | FOR THE STATE BANK GOVERNOR DEPUTY GOVERNOR Tran Minh Tuan |
