Regulations on Operational Capital of VAMC in Vietnam

20:24, 11/07/2024

Circular 01/2017/TT-BTC guiding financial policies for the Vietnam Asset Management Company of credit institutions issued on January 05, 2017. This Circular stipulates the operating capital of VAMC specifically as follows:

1. Owner's investment capital in Vietnam includes:

- Charter capital of VND 2,000 billion;

- Development investment fund;

- Other owner’s equity sources as stipulated by law for a single-member limited liability company wholly owned by the State.

2. Mobilized capital:

- Bonds issued by VAMC to purchase bad debt at market value and special bonds issued by VAMC in accordance with the regulations of the State Bank of Vietnam;

- Other mobilized capital sources as stipulated by law for a single-member limited liability company wholly owned by the State.

Refer to more details at: Circular 01/2017/TT-BTC effective February 21, 2017.

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