1.1 Article 1. Scope of regulation1.2 Article 2. Subjects of application This Law applies to:1.3 Article 3. Application of the Law on Credit Institutions, treaties, international commercial practices and relevant laws1.4 Article 4. Interpretation of terms1.5 Article 5. Use of terms related to banking operations1.6 Article 6. Organizational forms of credit institutions1.7 Article 7. Autonomy in operation1.8 Article 8. Right to conduct banking operations1.9 Article 9. Cooperation and competition in banking operations1.10 Article 10. Protection of client interests1.11 Article 11. Responsibilities for prevention and control of money laundering and terrorism financing1.12 Article 12. Representatives at law of credit institutions1.13 Article 13. Provision of information1.14 Article 14. Confidentiality of information1.15 Article 15. Backup database1.16 Article 16. Share purchase by foreign investors1.17 Article 17. Policy banks
2.1 Article 18. Competence to grant and revoke licenses2.2 Article 19. Legal capital2.3 Article 20. Licensing conditions2.4 Article 21. Dossiers, order and procedures for license application2.5 Article 22. Licensing time limit2.6 Article 23. Licensing fees2.7 Article 24. Business and operation registration2.8 Article 25. Publicity of operation2.9 Article 26. Conditions for inaugurating operation2.10 Article 27. Use of licenses2.11 Article 28. Revocation of licenses2.12 Article 29. Changes subject to the State Bank's approval
4.1 Article 30. Establishment of branches, representative offices, non-business units and commercial presence4.2 Article 31. Charter4.3 Article 32. Management organizational structure of credit institutions4.4 Article 33. Cases banned from holding posts4.5 Article 34. Cases banned from concurrently holding different posts4.6 Article 35. Automatic loss of status4.7 Article 36. Relief from duty, dismissal4.8 Article 37. Termination and suspension of holders of posts of the Board of Directors, Members' Council. Control Board and Director General (Director)4.9 Article 38. Rights and obligations of managers and executives of a credit institution4.10 Article 39. Responsibilities for publicity of related interests4.11 Article 40. internal control system4.12 Article 41. Internal audit4.13 Article 42. Independent audit
5.1 Article 43. Board of Directors and Members' Council and their structures5.2 Article 44. Control Board and its structure5.3 Article 45. Tasks and powers of the Control Board5.4 Article 46. Rights and obligations of the head of a Control Board5.5 Article 47. Rights and obligations of Control Board members5.6 Article 48. Director General (Director)5.7 Article 49. Rights and obligations of the Director General (Director)5.8 Article 50. Criteria and conditions for mangers, executives and holders of some other posts of a credit institution5.9 Article 51. Approval of lists of nominees for the posts of member of the Board of Directors or Members' Council and Control Board and Director General (Director) of a credit institution
6.1 Article 52. Types of shares, shareholders6.2 Article 53, Rights of common shareholders6.3 Article 54. Obligations of common shareholders6.4 Article 55. Share ownership rate6.5 Article 56. Offering and transfer of shares6.6 Article 57. Redemption of shareholders' shares6.7 Article 58. Stocks6.8 Article 59. Shareholders' General Meeting6.9 Article 60. Convening the Shareholders' General Meeting at the request of the State Bank6.10 Article 61. Reporting on results of meetings of Shareholders' General Meeting6.11 Article 62. Board of Directors of a credit institution being a joint-stock company6.12 Article 63. Tasks and powers of the Board of Directors6.13 Article 64. Rights and obligations of the Chairman of the Board of Directors6.14 Article 65. Rights and obligations of members of the Board of Directors
7.1 Article 66. Tasks and powers of owners7.2 Article 67. Tasks and powers of the Members' Council7.3 Article 68. Rights and obligations of the Chairman of the Members' Council7.4 Article 69. Rights and obligations of members of the Members' Council
8.1 Article 70. Capital contributors and their tasks and powers8.2 Article 71. Transfer and redemption of contributed capital8.3 Article 72. Members' Council
9.1 Article 73. Operation characteristics and objectives9.2 Article 74. Establishment of credit institutions being cooperatives9.3 Article 75. Organizational structure9.4 Article 76. Charter capital9.5 Article 77. Charter9.6 Article 78. Rights of members9.7 Article 79. Obligations of members9.8 Article 80. Members' General Meeting9.9 Article 81. Board of Directors9.10 Article 82. Tasks and powers of the Board of Directors9.11 Article 83. Organization and operation of the Control Board9.12 Article 84. Tasks and powers of the Control Board9.13 Article 85. Director General (Director) of a cooperative bank or people's credit fund9.14 Article 86. Rights and obligations of the Director General (Director)
10.1 Article 87. Types of microfinance institutions10.2 Article 88. Members, contributed capital, organizational structure and operation places of microfinance institutions
11.1 Article 89. Governance and administration of foreign bank branches
13.1 Article 90. Scope of licensed operations of credit institutions13.2 Article 91. Interests and charges in business activities of credit institutions13.3 Article 92. Issue of deposit certificates, promissory notes, treasury bills and bonds by credit institutions13.4 Article 93. Internal regulations13.5 Article 94. Consideration and approval of credit and inspection of loan use13.6 Article 95. Termination of credit extension. settlement of debts and interest rate exemption and reduction13.7 Article 96. Preservation of credit dossiers13.8 Article 97. E-banking operations
14.1 Article 98. Banking operations of commercial banks14.2 Article 99. Borrowing of loans from the State Bank14.3 Article 100. Borrowing of loans from credit institutions and financial institutions14.4 Article 101. Opening of accounts14.5 Article 102. Organization of and participation in payment systems14.6 Article 103. Capital contribution and share purchase14.7 Article 104. Participation in the monetary market14.8 Article 105. Dealing in and provision of foreign exchange services and derivative products14.9 Article 106. Entrustment and agency14.10 Article 107. Other business activities of commercial banks
15.1 Article 108. Banking operations of finance companies15.2 Article 109. Opening of accounts by finance companies15.3 Article 110. Capital contribution and share purchase by finance companies15.4 Article 111. Other business activities of finance companies
16.1 Article 112. Banking operations of financial leasing companies16.2 Article 113. Financial leasing16.3 Article 114. Opening of accounts by financial leasing companies16.4 Article 115. Capital contribution and share purchase by financial leasing companies16.5 Article 116. Other activities of financial leasing companies
17.1 Article 117. Banking operations of cooperative banks17.2 Article 118. Operations of people's credit funds
18.1 Article 119. Raising of capital by microfinance institutions18.2 Article 120. Credit extension by microfinance institutions18.3 Article 121. Opening of accounts by microfinance institutions18.4 Article 122. Other operations of microfinance institutions
19.1 Article 123. Operations of foreign bank branches
20.1 Article 124. Establishment of representative offices20.2 Article 125. Operations of representative offices
21.1 Article 126. Cases of ineligibility for credit extension21.2 Article 127. Credit restrictions21.3 Article 128. Credit extension limits21.4 Article 129. Limits on capital contribution and share purchase21.5 Article 130. Safety ratios21.6 Article 131. Risk provisions21.7 Article 132. Real estate trading21.8 Article 133. Requirements on safety in e-banking operations21.9 Article 134. Rights and obligations of controlling companies21.10 Article 135. Capital contribution and share purchase between subsidiaries or affiliated companies and controlling companies
22.1 Article 136. Financial regimes22.2 Article 137. Fiscal year22.3 Article 138. Accounting22.4 Article 139. Reserve funds22.5 Article 140. Purchase of. and investment in. fixed assets22.6 Article 141. Reporting22.7 Article 142. Reports of controlling companies22.8 Article 143. Disclosure of financial statements22.9 Article 144. Transfer of profits and assets abroad
23.1 Article 145. Reporting on liquidity difficulties23.2 Article 146. Application of special control23.3 Article 147. Decisions on special control23.4 Article 148. Tasks and powers of special control boards23.5 Article 149. Competence of the State Bank toward credit institutions placed under special control23.6 Article 150. Responsibilities of credit institutions placed under special control23.7 Article 151. Special loans23.8 Article 152. Termination of special control
24.1 Article 153. Reorganization of credit institutions24.2 Article 154. Dissolution of credit institutions and foreign bank branches24.3 Article 155. Bankruptcy of credit institutions24.4 Article 156. Liquidation of credit institutions' assets24.5 Article 157. Blockage of capital and assets of foreign bank branches
25.1 Article 158. State management agencies25.2 Article 159. Examining, inspecting and supervising competence25.3 Article 160. Rights and obligations of entities subject to inspection and supervision
26.1 Article 161. Transitional provisions26.2 Article 162. Effect26.3 Article 163. Implementation detailing and guidance
Law Firm . 2005
