Decision No. 286/2002/QD-NHNN dated April 3, 2002 of the State Bank of Vietnam issuing the Regulation on co-financing by credit institutions
THE STATE BANK
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
Hanoi, April 03, 2002
ISSUING THE REGULATION ON CO-FINANCING BY CREDIT INSTITUTIONS
THE STATE BANK GOVERNOR
Pursuant to the Law on the State Bank of Vietnam and the Law on Credit Institutions 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;
At the proposal of the director of the Credit Department,
Article 1.- To issue together with this Decision the Regulation on co-financing by credit institutions.
Article 2.- This Decision takes effect 15 days after its signing and replaces the State Bank Governor’s Decision No. 154/1998/QD-NHNN14 of April 29, 1998 issuing the Regulation on co-financing by credit institutions.
Article 3.- The director of the Office, the director of the Credit Department, the heads of the units under the State Bank, the directors 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 credit institutions shall have to implement this Decision.
ON CO-FINANCING BY CREDIT INSTITUTIONS
(Issued together with Decision No. 286/2002/QD-NHNN of April 3, 2002 of the State Bank Governor)
I. GENERAL PROVISIONS
Article 1.- Scope of regulation
This Regulation governs the co-financing by credit institutions for part or the whole of a production, business, service, development investment or livelihood project or plan (hereinafter referred to as a project for short) in order to raise the capacity and efficiency of production and business activities of the financed parties and credit institutions.
||FOR THE STATE BANK GOVERNOR
Nguyen Van Giau
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