What are regulations on publishing of information about establishment of branches, transaction offices, representative offices and public service providers of microfinance institutions (MFIs) in Vietnam?
What are regulations on publishing of information about establishment of branches, transaction offices, representative offices and public service providers of microfinance institutions (MFIs) in Vietnam?
Hello Lawnet. I'm looking for regulations on operation of networks of microfinance institutions. My question is: What are regulations on publishing of information about establishment of branches, transaction offices, representative offices and public service providers of microfinance institutions (MFIs) in Vietnam?
Thank you!
Pursuant to Article 18 of the Circular 19/2019/TT-NHNN (takes effect from 01/01/2020) stipulating regulations on publishing of information about establishment of branches, transaction offices, representative offices and public service providers of microfinance institutions (MFIs) in Vietnam as follows:
Within 07 working days prior to the expected date of inauguration of the branch, transaction office, representative office or public service provider (including the MFI’s branch, transaction office, representative office or public service provider converted from a unit under the microfinance program or project), the MFI shall publish information about the establishment of the branch, transaction office, representative office or public service provider on the web portals of the State Bank and MFI (if any), on 03 consecutive issues of a daily printed newspapers or an online newspaper of Vietnam.
Above are regulations on publishing of information about establishment of branches, transaction offices, representative offices and public service providers of microfinance institutions (MFIs) in Vietnam.
Best regards!
