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blue-check Amendments to regulations on debt trading of banks

Circular No. 18/2022/TT-NHNN dated December 26th, 2022 of the State Bank on amendments to the Circular No. 09/2015/TT-NHNNstatus2 dated July 17, 2015 of Governor of State Bank of Vietnam prescribing debt trading of credit institutions and foreign bank branches
Posted: 28/12/2022 1:11:25 PM | Latest updated: 17/2/2023 8:12:06 AM (GMT+7) | LuatVietnam: 5621 | Vietlaw: 604
VietlawOnline

This Circular amends, supplements some regulations on debt trading of banks, foreign bank branches at Circular No. 09/2015/TT-NHNNstatus2 , including:

- Addition of cases allowing banks to repurchase a debt sold;

- Addition of cases allowing banks to sell debts to its subsidiaries;

- Addition of cases allowing banks to buy debts without having to maintain a nonperforming loan ratio below 3%;

- Addition of regulations on debt trading with deferred payment;

- Amendments to regulations on debt valuation;

- Amendments to regulations on financial settlement and accounting for debts sold/purchased

This Circular comes into force from February 09, 2023.

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Information

Effective Date 9-Feb-2023
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 604

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enflag pdficon TT18_26122022NHNN[E].pdf

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