The Governor of the State Bank of Vietnam has issued Circular No. 03/2021/TT-NHNN (Circular 03) amending and supplementing a number of articles of Circular No. 01/2020/TT-NHNN on credit organization, foreign bank branches restructure debt repayment terms, exempt or reduce interest and fees, and maintain debt groups to support customers affected by the Covid-19 epidemic.
A commercial
bank in Bien Hoa city.
This Circular ensures the goal
of supporting right people, not to take advantage of the policy of profiteering
and causing risks to the system of credit organizations under the direction of
the Prime Minister and the opinion of the Ministry of Finance. Circular 03
takes effect from May 17, 2021.
Accordingly,
Circular 03 continues to create conditions and contribute to support businesses
and people to overcome the Covid-19 epidemic by expanding the scope of debt
balances to be rescheduled for debt repayment (in the direction of adjusting
debt repayment terms), amending and extending a number of timelines compared to
Circular No. 01/2020/TT-NHNN), adding more conditions to allow credit organizations
to restructure their remaining due debts .…
In Dong Nai, in order to assist in overcoming difficulties caused by the impact of the Covid 19 epidemic, in the early of March, the State Bank of Vietnam, Dong Nai branch issued Document No. 327/DNA-TH asked Directors of credit organizations in the area to drastically implement solutions to remove difficulties and create favorable conditions for borrowers affected by the Covid-19 epidemic in accordance with regulations.…
Vi Quan
Reader Comments
Newer articles
Older articles
Today
Total
