| STATE BANK OF VIETNAM ---------- No. 4496/NHNN-CSTT Re: lending in foreign currency | SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness ------------------------- Hanoi, 15 June 2010 |
| To: | - Credit institutions - State Bank branches in provinces, cities under the central |
Government's management
In order to control scale and growth speed of foreign currency loan outstanding of credit institutions at an appropriate level, in line with the ability of capital mobilization and requirement of trade deficit management under directions of the Government; State Bank of Vietnam hereby requires credit institutions and State Bank branches in provinces, cities under the central Government's management to perform measures on lending and mobilizing funds in foreign currency as follows:
1. In respect of credit institutions:
- To regularly ensure that foreign currency loan outstanding (including investment in any form and deposit) is lower than the balance of capital mobilized in foreign currency from economic organizations and inhabitants, ensuring ability of safe payment.
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