On December 21, 2022, the Governor of the State Bank of Vietnam (SBV) issued Decision No. 2130/QD-NHNN announcing new administrative procedures related to the monetary operations, to be performed at the Single Window under the SBV’s jurisdiction.
Specifically, the new administrative procedures, which are related to the monetary operations and to be performed at the SBV (the Monetary Policy Department), are: “The procedures for refinancing and extending refinancing for a credit institution on the basis of special bonds of Vietnam Asset Management Company (VAMC)”.
The new administrative procedures are issued based on the provisions of Circular No. 15/2022/TT-NHNN dated November 30, 2022 of the SBV Governor providing for the refinancing operations on the basis of special bonds of VAMC.
This Decision takes effect from January 17, 2023.
LK