Legal Counselling

Vietnam: Calculation of the maximum ratio of short-term fund

11:58, 01/08/2018

On July 31, 2018, the State Bank of Vietnam issued Circular No. 16/2018/TT-NHNN, which guides the calculation of the maximum ratio of short-term fund.

According to Circular No. 16/2018/TT-NHNN of the State Bank of Vietnam, credit institutions/ foreign bank branches shall calculate the maximum ratio of short-term fund used for granting medium and long-term loans in VND (including VND and foreign currencies converted into VND according to the exchange rate as regulated) according to the following formula:

A (%)	=	B	x	100
		C

Where:

- A: The maximum ratio of short-term fund used for granting medium and long-term loans.

- B: Total outstanding medium and long-term debt minus total medium and long-term fund.

- C: Short-term fund.

View details at Circular No. 16/2018/TT-NHNN of the State Bank of Vietnam, effective from July 31, 2018.

-Thao Uyen-

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Circular No. 16/2018/TT-NHNN

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