Regulatory Alerts2026-05-25
Circular No. 10/2026/TT-NHNN Amending Circular No. 27/2024/TT-NHNN (as amended by Circular No. 28/2025/TT-NHNN) on Cooperative Banks and the People's Credit Fund System Safety Assurance Fund
The State Bank of Vietnam issued Circular No. 10/2026/TT-NHNN to amend and supplement several articles of Circular No. 27/2024/TT-NHNN, which regulates cooperative banks and the People's Credit Fund System Safety Assurance Fund. Key changes include specifying requirements for cooperative banks' head offices, detailing procedures for re-issuing and copying licenses, and revising regulations on the contribution, management, and use of the Safety Assurance Fund. This Circular updates fee calculation formulas for both cooperative banks and people's credit funds, outlines conditions for fee exemptions and temporary suspensions, and establishes measures for handling underpayment or late payment of fees.
Share