Forms of Capital Mobilization in Social Policy Bank

05:10, 11/07/2024

Circular 62/2016/TT-BTC was issued by the Ministry of Finance on April 15, 2016, specifically regulating the forms of capital mobilization in social policy banks.

Circular 62 has specifically listed the forms of capital mobilization in the social policy bank, including:

- Mobilization of interest-bearing deposits within the approved annual plan; voluntary non-interest-bearing deposits from domestic and foreign organizations and individuals; Savings from the poor and other policy subjects;- ODA funds entrusted by the Government of Vietnam;- Issuance of bonds, deposit certificates, and other valuable papers in accordance with the provisions of the law;- Acceptance of deposits from credit institutions as prescribed by the State Bank of Vietnam;- Borrowing from the State Bank of Vietnam;- Borrowing from financial and credit institutions at home and abroad.

See details in Circular 62/2016/TT-BTC effective from June 1, 2016.

-Thao Uyen-

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