On 27 September 2010, The State Bank of Vietnam has issued circular 19 amending and revising Circular 13 dated 20 May 2010. The circulars will become effective from 01 October 2010. The significant change in the new circular is that: Commercial banks are allowed to use deposits of state treasury; 25% of non-term deposits of local organisations; and 3 months or more term loans from other financial institutions as funds for lending.







