Nội dung toàn văn Decision No. 1289/2001/QD-NHNN of October 11, 2001, on the amendment of the Decision No. 893/2001/QD-NHNN dated 17 July, 2001 of the Governor of the State Bank on the performance of the foreign currency swap operation between the State Bank and banks to meet requirements for the short-term VND funds of banks
STATE BANK OF VIETNAM | SOCIALIST REPUBLIC OF VIETNAM |
No. 1289/2001/QD-NHNN | Hanoi, October 11th , 2001 |
DECISION
ON THE AMENDMENT OF THE DECISION NO. 893/2001/QD-NHNN DATED 17 JULY, 2001 OF THE GOVERNOR OF THE STATE BANK ON THE PERFORMANCE OF THE FOREIGN CURRENCY SWAP OPERATION BETWEEN THE STATE BANK AND BANKS TO MEET REQUIREMENTS FOR THE SHORT-TERM VND FUNDS OF BANKS
THE GOVERNOR OF THE STATE BANK
Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 dated 12 December, 1997;
Pursuant to the Decree No. 15/CP dated 02 March, 1993 of the Government on the assignment, authority and responsibility for the State management of the ministries and ministry-level agencies;
Upon the proposal of the Director of the Monetary Policy Department,
DECIDES
Article 1.
To amend point 2.2 Section 2 Article 10 of the Decision No. 893/2001/QD-NHNN dated 17 July, 2001 on the responsibility of the Monetary Policy Department as follows:
"2.2. Within a working day from the date of receipt of the request for the foreign currency swap operation from banks, the Director of the Monetary Policy Department shall consider for decision on the foreign currency swap transactions with the value of up to US$ 20 millions and submit report to the Governor for decision on transactions with the value of more than US$ 20 millions.
The Monetary Policy Department shall give notice to the Banking Operation Department for its performance in the case where the State Bank accepts the foreign currency swap. The Monetary Policy Department shall give official dispatch to banks for the reasons of refusal in the case where the State Bank refuses the foreign currency swap".
Article 2.
This Decision shall be effective from the date of signing.
Article 3.
The Director of the Administration Department, the Director of the Monetary Policy Department, the Director of the Foreign Exchange Control Department, the Director of the Credit Department, the Director of the Banking Operation Department, the Director of the Finance and Accounting Department, Directors of related units in the State Bank, Directors General (Directors) of banks engaging in foreign currency swap operations with the State Bank shall be responsible for the implementation of this Decision.
| FOR THE GOVERNOR OF THE STATE BANK |
