Information to be collected by CIC from January 1, 2025 in Vietnam

Information to be collected by CIC from January 1, 2025 in Vietnam 

Information to be collected by the National Credit Information Center of Vietnam (CIC):

- Credit information provided by credit institutions and voluntary organizations according to Circular No. 15/2023/TT-NHNN.

- Information from units of the State Bank of Vietnam according to the regulations of the State Bank of Vietnam and other relevant laws. 

- Information from state management authorities and other legal sources of information as prescribed by laws. 

Credit information to be provided for CIC from January 1, 2025 

- Credit institutions shall provide all of the information from the system of credit information targets in each period for CIC under decisions of the Governor of the State Bank of Vietnam, including: 

+ Information on the identification of borrowers;

+ Information on concerned persons of borrowers (who are currently subject to credit extension at credit institutions extending credit to borrowers); 

+ Information on loans and other credit extension operations (excluding the target groups prescribed in Points d and dd);

+ Information on credit cards; 

+ Information on purchase and authorized purchase of corporate bonds (excluding credit institutions); 

+ Information on measures to guarantee credit extension;

+ Information on the handling of bad debts on the balance sheet;

+ Information on the off-balance sheet;

+ Annual financial statement (according to the financial statement submitted to the tax authority or the audited financial statement) of the borrower that is an enterprise. 

- Voluntary organizations shall provide all or part of the information from the system of credit information targets for CIC based on information exchange contracts with CIC. 

- The provision of credit information shall be carried out in the form of electronic data files according to the system of credit information targets.  In case several or all of the groups of credit information targets are unable to provide information in the form of electronic data files, credit institutions and voluntary organizations may provide information in writing based on agreements with CIC. 

See more details in Circular No. 15/2023/TT-NHNN, effective as of January 1, 2025. 

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