SGGP
On August 23, the Prime Minister issued a document requesting the State Bank of Vietnam to urgently review and amend Circular No. 06/2023/TT-NHNN on lending activities of credit institutions and foreign bank branches to customers.
The Prime Minister directed that legitimate and legal credit capital needs that meet all conditions in accordance with legal regulations must be given the most favorable conditions to access credit loans...
The State Bank shall study, promptly review, amend and supplement the provisions in Circular No. 06/2023/TT-NHNN dated June 28, 2023. The amendments and supplements shall suspend the implementation of provisions that cause difficulties and obstacles for businesses, credit institutions and people; resolutely cut down on administrative procedures, and not allow unclear provisions or different interpretations until there are other legal documents regulating this content.
The goal is to quickly and promptly remove obstacles and difficulties, create favorable conditions for businesses and people to access credit capital, prioritize support to promote economic growth, stabilize the macro economy, and ensure major balances of the economy. This must be completed by August 25. At the same time, strengthen supervision, inspection, and handling according to functions, tasks, and authority to avoid possible violations and negativity.
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