On March 10, 2023, the Prime Minister issued Decision No. 213/QD-TTg establishing the Steering Committee for the restructuring of the system of credit institutions in the 2021 - 2025 period.
This Steering Committee is composed of the following: Prime Minister Pham Minh Chinh, Chairman of the Steering Committee; Deputy Prime Minister Le Minh Khai, First Deputy Chairman of the Steering Committee; SBV Governor Nguyen Thi Hong, Deputy Chairwoman of the Steering Committee; together with other members who are leaders of several relevant Ministries and agencies.
The Steering Committee has the following missions:
(i) Assisting the Prime Minister in directing the implementation of solutions for the restructuring of the system of credit institutions in association with resolving non-performing loans (NPLs) in line with the goals and orientations as stated at Decision No. 689/QD-TTg dated June 08, 2022 approving of the Scheme on restructuring the system of credit institutions in association with resolving NPLs in the 2021 - 2025 period (Decision 689), as well as the relevant amendments and supplementations (if any);
(ii) Studying and proposing to the Prime Minister about possible orientations and solutions for addressing the important issues, resolving any difficulties and obstacles during the implementation of Decision 689, as well as any matters that go beyond the authority of the individual Ministries or agencies;
(iii) Assisting the Prime Minister in directing and urging the Ministries, agencies and local authorities to resolve the issues covered by Decision 689, in relation to their respective mandates and functions;
(iv) Assisting the Prime Minister in integrating and coordinating with the Ministries, agencies and local authorities; enhancing the accountability and the effectiveness in the participation and engagement of the Ministries, agencies and local authorities during the implementation of Decision 689;
(v) Implementing other missions as directed by the Prime Minister related to the restructuring of the system of credit institutions in association with resolving NPLs.
In the previous periods, the Prime Minister had also issued Decision No. 454/QD-TTg dated March 13, 2013 establishing the Inter-agency Steering Committee for the implementation of the Scheme on restructuring the system of credit institutions in association with resolving NPLs in the 2011 - 2015 period; Decision No. 851/QD-TTg dated June 14, 2017 establishing the Steering Committee for the restructuring of the system of credit institutions in the 2016 - 2020 period.
LK