Ca Mau: Strengthening coordination in the enforcement of civil judgments in the credit and banking sector.

On the afternoon of December 18th, in Tan Thanh ward, Ca Mau province, the State Bank of Vietnam (SBV) Branch 15, in coordination with the Provincial Civil Enforcement Agency, organized a seminar on civil enforcement work related to credit and banking, and signed a cooperation agreement between the two units.

Attending the seminar were Mr. Tran Van Phuoc – Acting Director of the State Bank of Vietnam, Region 15; Mr. Tran Dinh Truong – Deputy Head of the Civil Enforcement Department of Ca Mau province, along with leaders and key officials of the State Bank of Vietnam, Region 15, the Civil Enforcement Department of Ca Mau province, and representatives of credit institutions in An Giang province.

Accordingly, the delegates focused on exchanging and discussing the current state of civil enforcement work related to the credit and banking sector. They discussed the difficulties and obstacles encountered in the process of enforcing court judgments and decisions, especially those related to freezing and deducting accounts, seizing and disposing of pledged and mortgaged assets.

Based on that, the parties proposed several solutions to improve coordination efficiency, shorten enforcement time, and ensure the legitimate rights and interests of the State, credit institutions, and related parties.

The Ca Mau Bank and Civil Enforcement Agency signed a cooperation agreement.

Mr. Tran Van Phuoc, Acting Director of the State Bank of Vietnam's Branch 15, emphasized that civil enforcement in the credit and banking sector plays a crucial role in ensuring legal discipline, banking safety, and socio -economic stability. The signing of the Coordination Regulations between the State Bank of Vietnam's Branch 15 and the Civil Enforcement Department of Ca Mau province is an important legal basis, contributing to increased responsibility and enhanced close and timely coordination between the two sectors in the future.

According to the signed cooperation agreement, the two sides agreed to cooperate on key areas such as: exchanging and providing information; providing professional guidance; directing and supervising the enforcement of judgments in credit and banking cases; implementing measures to freeze and deduct accounts, seize and dispose of pledged and mortgaged assets; coordinating the dissemination of laws; ensuring internal political security, and safeguarding state secrets and professional secrets of both sectors. The agreement also clearly defines the principles, methods of cooperation, responsibilities of each party, and a mechanism for regular meetings to promptly address difficulties and obstacles arising during implementation.

The organization of the seminar and the signing of the Coordination Regulations is a concrete step in realizing the policy of strengthening inter-agency coordination between the State Bank of Vietnam and the Ministry of Justice in civil enforcement work, contributing to improving the efficiency of handling credit and banking cases, thereby supporting the operations of credit institutions and promoting socio-economic development in the area.

Source: https://thoibaonganhang.vn/ca-mau-tang-cuong-phoi-hop-thi-hanh-an-dan-su-trong-linh-vuc-tin-dung-ngan-hang-175351.html