February 01, 2024 | 09:00 GMT+7

VnEconomy dialogue on amended Law on Credit Institutions set for …

Tùng Thư -

Amended law adds new regulations on ownership and credit limits.

VnEconomy / Vietnam Economic Times will hold an online dialogue on the amended Law on Credit Institutions on February 3 with the theme “Allocating resources effectively”.

The National Assembly (NA) adopted the Law on Credit Institutions (amended) on January 18.

Comprising 15 chapters and 210 articles, it takes effect from July 1 this year.

The amended law adds new regulations on four key issues: ownership limits; credit limits for customers and groups of customers; risk prevention, early intervention, and the handling of credit institutions; and the handling of bad debts.

The dialogue will provide information on regulations surrounding the law and their major impact on the operations of commercial banks.

Experts will also share solutions on effectively implementing the new regulations.

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