Provisions on income of the Vietnam Development Bank

What are the current provisions on income of the Vietnam Development Bank?

According to Article 22 of Decree 46/2021/ND-CP, the income of the Vietnam Development Bank is specified as follows:

1. Income from professional operations:

a) Interest from investment credit and export credit of the State; interest from compulsorily guaranteed loans;

b) Interest from other loans;

c) Guarantee fee income;

d) Management fee for re-lending of foreign loan sources of the Government of Vietnam;

dd) Interest from deposits;

e) Income from debt trading;

g) Subsidy Interest as stipulated in point a clause 1 Article 19 of this Decree;

h) Management fee income from the state budget;

i) Fee income from receiving entrustment for capital allocation, entrustment for lending;

k) Income from foreign exchange operations;

l) Income from payment services and treasury operations;

m) Income from the trading, discounting, and rediscounting of valuable papers;

n) Interest from debts that have been written off and transferred to off-balance sheet monitoring;

o) Other income from professional operations.

2. Income from other operations:

a) Income from service operations and income from leasing assets of the Vietnam Development Bank;

b) Income from foreign exchange differences;

c) Income from the transfer, and liquidation of assets;

d) Penalty income from customers violating contracts;

dd) Income from capital contributions, transfer of capital contributions;

e) Other income as stipulated by law.

Sincerely!

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