New Instruments on Onshore and Cross-Border Lending Activities

The State Bank of Vietnam (SBV) has released two instruments to amend, supplement, and revise the current regulations to both onshore and cross-border lending activities: Circular 06, coming into force on 1 September 2023, amending a number of articles of the existing Circular 39 on lending transactions of onshore credit institutions and/or foreign bank branches with customers; and Circular 8 which will replace Circular 12 as the crucial instrument on conditions for non-government guaranteed cross-border loans. Read our Legal Update to learn more about these new instruments.

File: Legal-Update-New-Instruments-on-Onshore-and-Cross-Border-Lending-Activities-August-2023.pdf