Proposal To Expand Objects Is Structured To Repay Debt

The State Bank of Vietnam is studying and amending and supplementing Circular No. 01/2020 / TT-NHNN dated March 13, 2020, the regulations on credit institutions and foreign bank branches restructured debt repayment, exemption, reduction, fees, maintaining debt groups to assist customers affected by Covid-19.0: 00/1: 38 Nuoc Nuoc Le Van Hung as commercial bank managers. According to Mr. Hung noticed, during a way of stretching in directive 16 / CT-TTg, businesses, people are very difficult in finding income, risk of bad debt increases, very large risks for the background Therefore, he proposed the authorities to consider and adjust Circular 03/2021 / TT-NHNN in the direction of expanding the subjects of debt structure as recent debts; Stretching the principal payment time, profit after time of distance, because of the current travel, difficult collection, customers are also difficult to pay money because many customers are blocked or quarantined

. State bank Vietnam Answer this issue is as follows: Regarding Mr. Hung's petition, currently the State Bank of Vietnam is studying and amending and supplementing Circular No. 01/2020 / TT-NHNN on March 13, 2020 Regulations on the organization of credit institutions and foreign bank branches restructuring their debt repayment, exemption and reduction and fees, maintaining their debt group to support customers affected by acute respiratory infections The new strain of Corona virus (Covid-19) to suit the new development of Covid-19 Translation
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