Thông tư 31/2024/TT-NHNN quy định về phân loại tài sản có trong hoạt động của ngân vtv5 trực tiếp bóng đá hôm nay thương mại, tổ chức tín dụng phi ngân vtv5 trực tiếp bóng đá hôm nay, chi nhánh ngân vtv5 trực tiếp

Circular 31/2024/TT-NHNN on vtv2 trực tiếp bóng đá hôm nay classification of assets in vtv2 trực tiếp bóng đá hôm nay operation of commercial banks, non-bank credit institutions, and branches of foreign banks

On June 30, 2024, vtv2 trực tiếp bóng đá hôm nay Governor of vtv2 trực tiếp bóng đá hôm nay State Bank of Vietnam issued Circular 31/2024/TT-NHNN on vtv2 trực tiếp bóng đá hôm nay classification of assets in vtv2 trực tiếp bóng đá hôm nay operation of commercial banks, non-bank credit institutions, and branches of foreign banks.

Circular 31/2024/TT-NHNN applies to:

- Commercial banks, non-bank credit institutions, branches of foreign banks.

- Branches of foreign banks are allowed to apply vtv2 trực tiếp bóng đá hôm nay risk provision policies of their foreign parent banks to classify debts, establish and use provisions to handle risks upon approval from vtv2 trực tiếp bóng đá hôm nay State Bank.

- Conditions, profiles, procedures, and sequences for approval of branches of foreign banks to apply vtv2 trực tiếp bóng đá hôm nay risk provision policies of their foreign parent banks are implemented according to regulations in vtv2 trực tiếp bóng đá hôm nay Decree on vtv2 trực tiếp bóng đá hôm nay establishment of risk provisions.

- For branches of foreign banks that have been approved by vtv2 trực tiếp bóng đá hôm nay State Bank to apply vtv2 trực tiếp bóng đá hôm nay risk provision policies of their foreign parent banks, based on vtv2 trực tiếp bóng đá hôm nay inspection, supervision, and evaluation results, if vtv2 trực tiếp bóng đá hôm nay State Bank evaluates that vtv2 trực tiếp bóng đá hôm nay risk provision policies of vtv2 trực tiếp bóng đá hôm nay foreign parent banks do not fully reflect vtv2 trực tiếp bóng đá hôm nay actual credit risk level in banking operations in Vietnam, vtv2 trực tiếp bóng đá hôm nay State Bank has vtv2 trực tiếp bóng đá hôm nay authority to require vtv2 trực tiếp bóng đá hôm nay branches of foreign banks to classify debts according to vtv2 trực tiếp bóng đá hôm nay regulations in Circular 31/2024/TT-NHNN.

Circular 31/2024/TT-NHNN is effective from July 1, 2024, and concurrently repeals Circular 11/2021/TT-NHNN on vtv2 trực tiếp bóng đá hôm nay classification of assets, vtv2 trực tiếp bóng đá hôm nay level of, and method for vtv2 trực tiếp bóng đá hôm nay establishment of risk provisions, and vtv2 trực tiếp bóng đá hôm nay usage of provisions to handle risks in vtv2 trực tiếp bóng đá hôm nay operations of credit institutions and branches of foreign banks.

*Under vtv2 trực tiếp bóng đá hôm nay Credit Institutions Law 2024:

- A commercial bank is a type of bank that conducts all banking and other business activities as regulated by this Law for profit purposes.

- A non-bank credit institution is a credit institution that conducts one or several banking activities as regulated by this Law, excluding vtv2 trực tiếp bóng đá hôm nay acceptance of deposits from individuals and vtv2 trực tiếp bóng đá hôm nay provision of payment services through customer accounts. Types of non-bank credit institutions include general finance companies and specialized finance companies.

-A branch of a foreign bank is an economic organization without legal status and is a dependent unit of a foreign bank, guaranteed by vtv2 trực tiếp bóng đá hôm nay foreign bank to be responsible for all obligations and commitments of vtv2 trực tiếp bóng đá hôm nay branch in Vietnam.

Circular 31/2024/TT-NHNN on vtv2 trực tiếp bóng đá hôm nay classification of assets in vtv2 trực tiếp bóng đá hôm nay operation of commercial banks, non-bank credit institutions, branches of foreign banks? (Image from vtv2 trực tiếp bóng đá hôm nay Internet)

What principles should vtv2 trực tiếp bóng đá hôm nay internal credit rating system be built on?

According to Article 5 of Circular 31/2024/TT-NHNN, vtv2 trực tiếp bóng đá hôm nay internal credit rating system is regulated as follows:

Internal Credit Rating System

1. vtv2 trực tiếp bóng đá hôm nay internal credit rating system includes:

a) Financial and non-financial indicators, evaluation procedures for vtv2 trực tiếp bóng đá hôm nay repayment and payment capacity of customers based on both qualitative and quantitative financial aspects, business conditions, management, reputation of customers, including customers that are restricted from credit granting; information about related persons of customers restricted from credit granting;

b) Rating methods for different customer groups.

2. vtv2 trực tiếp bóng đá hôm nay internal credit rating system must be built on vtv2 trực tiếp bóng đá hôm nay following principles:

a) Built based on data and information of all customers collected for at least 1 (one) consecutive year prior to vtv2 trực tiếp bóng đá hôm nay year of building vtv2 trực tiếp bóng đá hôm nay internal credit rating system;

b) At least once a year, vtv2 trực tiếp bóng đá hôm nay internal credit rating system must be reviewed and evaluated based on data and customer information collected during vtv2 trực tiếp bóng đá hôm nay year; banks, non-bank credit institutions must amend and supplement vtv2 trực tiếp bóng đá hôm nay internal credit rating system (if necessary);

c) Have ratings corresponding to vtv2 trực tiếp bóng đá hôm nay level of risks from low to high;

d) Approved for application by vtv2 trực tiếp bóng đá hôm nay Board of Directors, Board Members (for commercial banks, non-bank credit institutions), General Director or Director (for branches of foreign banks).

3. Commercial banks, branches of foreign banks must build an internal credit rating system to periodically rate customers and as required, as a basis for credit approval, credit quality management, and vtv2 trực tiếp bóng đá hôm nay establishment of suitable risk provision policies with vtv2 trực tiếp bóng đá hôm nay scope of operations, customers, and actual situation of vtv2 trực tiếp bóng đá hôm nay commercial bank or branch of vtv2 trực tiếp bóng đá hôm nay foreign bank.

Non-bank credit institutions are not required to have an internal credit rating system. In case a non-bank credit institution builds an internal credit rating system, it must comply with vtv2 trực tiếp bóng đá hôm nay regulations of this Circular.

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Thus, vtv2 trực tiếp bóng đá hôm nay internal credit rating system must be built on vtv2 trực tiếp bóng đá hôm nay following principles:

- Built based on data and information of all customers collected for at least 1 (one) consecutive year prior to vtv2 trực tiếp bóng đá hôm nay year of building vtv2 trực tiếp bóng đá hôm nay internal credit rating system;

- At least once a year, vtv2 trực tiếp bóng đá hôm nay internal credit rating system must be reviewed and evaluated based on data and customer information collected during vtv2 trực tiếp bóng đá hôm nay year; banks, non-bank credit institutions must amend and supplement vtv2 trực tiếp bóng đá hôm nay internal credit rating system (if necessary);

- Have ratings corresponding to vtv2 trực tiếp bóng đá hôm nay level of risks from low to high;

- Approved for application by vtv2 trực tiếp bóng đá hôm nay Board of Directors, Board Members (for commercial banks, non-bank credit institutions), General Director or Director (for branches of foreign banks).

What minimum requirements must internal regulations on credit granting and debt management meet?

According to Clause 2, Article 6 of Circular 31/2024/TT-NHNN, vtv2 trực tiếp bóng đá hôm nay minimum requirements for internal regulations on credit granting and debt management include:

- Built based on information and data of collected customers, and vtv2 trực tiếp bóng đá hôm nay results of customer ratings according to vtv2 trực tiếp bóng đá hôm nay internal credit rating system;

- Applied uniformly and consistently throughout vtv2 trực tiếp bóng đá hôm nay system, as a basis for evaluating, approving credit granting, and managing debt for specific customers;

- Have policies for customer credit, including regulations on credit conditions, credit limits, interest rates, profiles, sequences, procedures, evaluation, approval for credit granting, debt management;

- Have management regulations to ensure compliance with vtv2 trực tiếp bóng đá hôm nay State Bank’s regulations on limits, safety ratios in vtv2 trực tiếp bóng đá hôm nay operations of banks, non-bank credit institutions;

- Have regulations on vtv2 trực tiếp bóng đá hôm nay responsibilities and powers of units and individuals in evaluating, approving credit granting, managing credit quality, managing security assets;

- Have regulations on vtv2 trực tiếp bóng đá hôm nay procedures, contents of inspection and control before, during, and after credit granting;

- Have regulations on security measures, evaluation, and management of security assets;

- Have regulations on vtv2 trực tiếp bóng đá hôm nay valuation of security assets, including principles, periodicity, methods, processes, and responsibilities of units, individuals involved in asset valuation according to legal regulations to ensure vtv2 trực tiếp bóng đá hôm nay value of security assets is suitable with market value when calculating vtv2 trực tiếp bóng đá hôm nay specific provision amount according to vtv2 trực tiếp bóng đá hôm nay Decree on vtv2 trực tiếp bóng đá hôm nay establishment of risk provisions;

- Have regulations on debt recovery measures.