Decree No. 28 of 2005 on the organization and operation of small-sized financial institutions in Vietnam

This Decree provides for organization and operation of small-sized financial institutions in Vietnam. Organizations, which are allowed to set up small-sized financial institutions in Vietnam under law provisions, include Vietnamese socio-political organizations, social organizations, socio-professional organizations, charity funds, social funds and non-governmental organizations.

This Decree details the process of granting establishment and operations licenses to small-sized credit institutions. It also dictates standards of organization, control, and administration of credit institutions as well as finance, cost-accounting and reporting guidelines. 

Document Details

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Wednesday, March 9, 2005
Document Authors: 
The Socialist Republic of Vietnam, The Governor of Vietnam State Bank
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