|
STATE BANK OF VIETNAM
------------
|
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
----------
|
|
No.
187/QD-NHNN
|
Hanoi, 16 January 2008
|
DECISION
ON THE ADJUSTMENT
OF REQUIRED RESERVE APPLICABLE TO CREDIT INSTITUTIONS
THE GOVERNOR OF THE STATE BANK
- Pursuant to the Law on the
State Bank of Vietnam issued in 1997 and the Law on amendment, supplement of
several articles of the Law on the State Bank of Vietnam issued in 2003
- Pursuant to the Law on the
Credit Institutions issued in 1997 and the Law on amendment, supplement of
several articles of the Law on the Credit Institutions issued in 2004;
- Pursuant to the Decree No.
52/2003/ND-CP dated 19 May 2003 of the Government providing for the function,
assignment, authority and organizational structure of the State Bank of
Vietnam;
- Upon the proposal of the
Director of the Monetary Policy Department,
DECIDES:
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
Article 2. Required
reserve ratios applicable to Vietnamese Dong Deposit of credit institutions
shall be as follows:
1. Required reserve ratios
applicable to demand VND deposit and VND deposit with the term of less than 12
months shall be as follows:
a. For State owned commercial
banks (Bank for agriculture and rural development excluded), urban commercial
joint stock banks, joint venture banks, foreign banks’ branches, finance
companies, the ratio shall be 11% over the total deposit balances subject to
required reserve.
b. For the Bank for agriculture
and rural development, the ratio shall be 8% over the total deposit balances
subject to required reserve.
c. For rural commercial joint
stock banks, Central people’s credit Fund, cooperative banks, the ratio shall
be 4% over the total deposit balances subject to required reserve.
2. The required reserve ratios
applicable to VND deposit with the term of 12 months and more shall be as
follows:
a. For State owned commercial
banks (Bank for agriculture and rural development excluded), urban commercial
joint stock banks, joint venture banks, foreign banks’ branches, finance
companies, finance leasing companies, the ratio shall be 5% over the total
deposit balances subject to required reserve.
b. For the Bank for agriculture
and rural development, rural commercial joint stock banks, Central people’s
credit Fund, cooperative banks, the ratio shall be 4% over the total deposit
balances subject to required reserve.
Article 3. Required
reserve ratios applicable to foreign currency deposit of credit institutions
shall be as follows:
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
a. For State owned commercial
banks (Bank for agriculture and rural development excluded), urban commercial
joint stock banks, joint venture banks, foreign banks’ branches, finance
companies, the ratio shall be 11% over the total deposit balances subject to
required reserve.
b. For the Bank for agriculture
and rural development, rural commercial joint stock banks, Central people’s
credit Fund, cooperative banks, the ratio shall be 10% over the total deposit
balances subject to required reserve.
2. The required reserve ratios
applicable to foreign currency deposit with the term of 12 months and more
shall be as follows:
a. For State owned commercial
banks (Bank for agriculture and rural development excluded), urban commercial
joint stock banks, joint venture banks, foreign banks’ branches, finance
companies, finance leasing companies, the ratio shall be 5% over the total
deposit balances subject to required reserve.
b. For the Bank for agriculture
and rural development, rural commercial joint stock banks, Central people’s
credit Fund, cooperative banks, the ratio shall be 4% over the total deposit
balances subject to required reserve.
Article 4. To amend
report forms on required reserve as follows:
1. To amend Form 1 in the
Regulation on required reserve applicable to credit institutions issued in
conjunction with the Decision No. 581/QD-NHNN dated 9 June 2003 of the Governor
of the State Bank like the Form 1 attached to this Decision.
2. To amend Form 3 in the
Decision No. 1130/2005/QD-NHNN dated 1 August 2005 of the Governor of the State
Bank on the amendment, supplement of several articles of the Regulation on
required reserve applicable to credit institutions issued in conjunction with
the Decision No. 581/2003/QD-NHNN dated 9 June 2003 of the Governor of the
State Bank like the Form 3 attached to this Decision.
Article 5. This Decision
shall be effective for the implementation of the required reserve maintenance
period of February 2008 and replace the Decision No. 1141/QD-NHNN dated 28 May
2007 of the State Bank’s Governor. The provisions in the Decision No.
582/2003/QD-NHNN dated 9 June 2003 of the Governor of the State Bank on adjustment
of required reserve ratios applicable to credit institutions, which are
contrary to this Decision, shall cease their effectiveness.
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
THE GOVERNOR OF THE STATE BANK OF VIETNAM
Nguyen Van Giau
FORM 1
Credit
institution shall submit to the Operation Department of the State Bank, State
Bank’s branches in provinces, cities where its head office is located
Name of Credit institution
Address
REPORT
ON THE AVERAGE BALANCE OF MOBILIZED DEPOSITS
WHICH ARE SUBJECT TO REQUIRED RESERVE OF MONTH....YEAR...
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
Date
The average balance of
mobilized deposits in VND subject to required reserve
The average balance of
mobilized deposits in foreign currency subject to required reserve
Demand deposit and deposit
with the term of less than 12 months
Deposit with the term of 12
months and more
Demand deposit and deposit
with the term of less than 12 months
Deposit with the term of 12
months and more
1
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
2
3
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
--------
30
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
31
The average balance
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
................,
date...........................
DRAWER
CONTROLLER
HEAD OF UNIT
FORM 3
- The State Bank’s branches in
provinces, cities shall send to the Banking Operation Department within the
first 7 business days of each month
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
Name of unit:
No…..
REPORT
on the cosolidation of the required reserve
performane BY credit institution
Month....year......
Unit:
VND million; US$, EURO, JPY, GBP thousand
Order
Name of CI
The average balance of
mobilized deposits of previous period as the basis for calculating the
required reserve
Required reserve to be
maintained at the State Bank
Actual reserve in the period
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
Summarized results of dealing
with the excess and deficit of required reserve
VND
Foreign currency
VND
Foreign currency
VND
Foreign currency
VND
Foreign currency
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
From 12 months and more
Under 12 months
From 12 months and more
1
2
3
4
5
6
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
8
9
10
11
12
13
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
Total
...
...
...
Please sign up or sign in to your Pro Membership to see English documents.
..........., date.................
Head
of unit