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:
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-
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |