b) Solvency ratio;

c) Maximum ratio of short-term capital used for granting medium- and long-term loans;

d) Limits on lending operations.

2. Based on the results of supervision and inspection of people’s credit funds, and depending on the nature and level of risks, the State Bank of Vietnam (hereinafter referred to as “SBV”) may, where necessary, request people’s credit funds to maintain one or some limits and prudential ratios which are lower or stricter than those specified in this Circular.

Article 2. Definitions

For the purposes of this Circular, the terms used herein are construed as follows:

...

...

...

2. Related person of a client of a people’s credit fund means an organization or individual that maintains either direct or indirect relationship with that client in any of the following cases:

a) Related persons of a client that is a juridical person include:

(i) An executive officer or member of the Board of Controllers, capital contributor or shareholder holding at least 5% of the charter capital or voting shares of that juridical person;

(ii) Spouse, father (including adoptive father, stepfather and father-in-law); mother (including adoptive mother, stepmother and mother-in-law); child (including adopted child, daughter-in-law, son-in-law and stepchild); sibling (including half-sibling, brother-in-law and sister-in-law) of an executive officer or member of the Board of Controllers, capital contributor or shareholder holding at least 5% of the charter capital or voting shares of that juridical person;

(iii) A juridical person at least 5% of charter capital or voting shares of which is held by that client;

b) Related persons of a client that is an individual include:

(i) His/her spouse, father (including adoptive father, stepfather and father-in-law); mother (including adoptive mother, stepmother and mother-in-law); child (including adopted child, daughter-in-law, son-in-law and stepchild); sibling (including half-sibling, brother-in-law and sister-in-law);

(ii) A juridical person whose executive officer or member of the Board of Controllers, capital contributor or shareholder holding at least 5% of its charter capital or voting shares is that client or his/her spouse, father (including adoptive father, stepfather and father-in-law); mother (including adoptive mother, stepmother and mother-in-law); child (including adopted child, daughter-in-law, son-in-law and stepchild); sibling (including half-sibling, brother-in-law and sister-in-law);

(iii) Family household of which that client is a member;

...

...

...

3. Retained earnings of a people’s credit fund mean its undistributed profits which are determined after its annual financial statements (or independently audited annual financial statements, for a people’s credit fund subject to independent audit as prescribed by the SBV) are available and retained according to a decision of its General Meeting of Members (GMM) for the purpose of having additional funds.

4. SBV’s provincial branch means the SBV’s branch of province or central-affiliated city where the people’s credit fund is headquartered.

Article 3. Information technology (IT) requirements 

1. People’s credit funds shall have IT systems meeting the requirements in clause 2 of this Article within 12 (twelve) months from the effective date of this Circular.

2. The IT system of a people’s credit fund shall be able to:

a) Store, access and add data about clients in a manner that ensures management of risks in accordance with SBV’s regulations and its internal regulations;

b) List and monitor capital, assets and liabilities; calculate, manage and supervise the prudential ratios and limits specified in this Circular.

Article 4. Internal regulations

1. People’s credit funds must issue their own internal regulations on CAR management and liquidity management (solvency ratio, maximum ratio of short-term capital used for granting medium- and long-term loans), lending operations and management of granted loans  in accordance with provisions of this Circular and relevant documents. Written internal regulations and revisions thereto must be issued or ratified by the Management Board of the people’s credit fund.

...

...

...

a) Procedures and methods for monitoring CAR;

b) Methods for early warning of risks that lead to decrease in CAR;

c) Plan for dealing with failure to meet minimum CAR requirement which shall, inter alia, include: measures for increasing CAR; responsibilities, entitlements of and cooperation among relevant departments and individuals in implementation of the plan.

3. Internal regulations on liquidity management shall include the following as a minimum:

a) Regulations on decentralization, authorization, functions and tasks of relevant individuals and departments regarding monitoring and implementation of measures for maintaining the solvency ratio, and maximum ratio of short-term capital used for granting medium- and long-term loans;

b) Procedures and limits for liquidity management and contingency plan for maintenance of the solvency ratio, and maximum ratio of short-term capital used for granting medium- and long-term loans as prescribed in this Circular;

c) Regulations on management of budget, daily revenues, expenses and funding sources.

4. Internal regulations on lending operations and management of granted loans shall include the following as a minimum:

a) Criteria for identifying a client and his/her related persons which shall, inter alia, include the contents specified in clause 2 Article 2 of this Circular;

...

...

...

c) Maximum limit on loans, included in total outstanding amount of loans, granted to each of the following groups of clients: clients that are members of the people’s credit fund, clients that are not members of the people’s credit fund, and clients that are poor households of the people’s credit fund;

d) Procedures for monitoring loans with loan amount exceeding 5% of equity of the people’s credit fund;

dd) Regulations on reporting on grant of loans to members of the Management Board, members of the Board of Controllers, and Director of the people’s credit fund which must be conformable with SBV’s regulations on people’s credit funds.

5. On a periodical basis of at least once a year and when necessary, people’s credit funds shall review, assess and revise their internal regulations to ensure their conformity with requirements for safe operations of people’s credit funds.

6. Within 10 (ten) business days from the date on which its internal regulations are issued or revised, the people’s credit fund shall send (either directly or by post) a package of the following documents to the Office of the SBV Banking Supervision Agency of province or city where it is headquartered or to the SBV’s provincial branch (if the Office of the SBV Banking Supervision Agency is not established):

a) A statement of reporting on issuance or revisions to its internal regulations. In case of revision, revised contents must be clearly stated;

b) Internal regulations (in case of issuance) or their revisions (in case of revision).

7. If any contents of the internal regulations of the people’s credit fund are found to be contrary to provisions of this Circular or any relevant laws, the Office of the SBV Banking Supervision Agency of province or city where the people’s credit fund is headquartered or the SBV’s provincial branch (if the Office of the SBV Banking Supervision Agency is not established) shall request the people’s credit fund to modify its internal regulations.

Chapter II

...

...

...

Section 1. PRUDENTIAL RATIOS AND LIMITS FOR OPERATIONS OF PEOPLE’S CREDIT FUNDS

Article 5. Capital adequacy ratio (CAR)

1. People’s credit funds must maintain the minimum CAR of 8%.

2. CAR is determined by adopting the following formula:

CAR =

Equity

x 100

Total risk-weighted assets

Where:

...

...

...

- Total risk-weighted assets are the sum of assets, determined according to the level of risks specified in clause 4 of this Article.

3. Equity equals Tier 1 capital plus (+) Tier 2 capital minus (-) the amount deducted from equity at the time of equity determination. To be specific:

a) Tier 1 capital

Tier 1 capital includes:

(i) Charter capital;

(ii) Funds for fundamental construction and purchase of fixed assets;

(iii) Additional reserve fund of charter capital;

(iv) Operational development investment fund;

(v) Grants offered by sponsors to the people’s credit fund;

...

...

...

The following amounts must be deducted from Tier 1 capital:

(i) Accumulated losses (if any); and

(ii) Capital amount contributed to the cooperative bank;

b) Tier 2 capital may not exceed 100% of Tier 1 capital, and includes:

(i) Financial reserve fund;

(ii) General provision which shall not exceed 1,25% of total risk-weighted assets;

c) Amount deducted from equity: 100% of decrease resulted from revaluation of assets as prescribed by law.

Determination of equity used for calculating the minimum CAR shall comply with Appendix 1 enclosed herewith.

4. Assets are classified by level of risks into the following groups:

...

...

...

(i) Cash;

(ii) Deposits at SBV;

(iii) Deposits at the cooperative bank;

(iv) Outstanding balances of the granted loans which are fully secured by cash or deposits of borrowers at the people’s credit fund;

(v) Outstanding balances of the granted loans which are fully secured by valuable papers issued by the Government or SBV;

(vi) Outstanding balances of the loans granted using trust funds in accordance with regulations of law on trusteeship in banking sector;

b) Assets given a risk weight of 20% include:

(i) Deposits to checking accounts opened at commercial banks and foreign bank branches;

(ii) Outstanding balances of the granted loans which are fully secured by valuable papers issued by state-owned financial institutions, credit institutions or foreign bank branches;

...

...

...

d) Assets given a risk weight of 100% include:

(i)  Fixed assets of the people’s credit fund;

(ii) All assets on the balance sheet other than those specified in points a, b, c, d(i) of this clause, and amount of capital contributed to the cooperative bank.

Valuation of risk-weighted assets shall comply with Appendix 2 enclosed herewith.

Article 6. Solvency ratio

1. The solvency ratio is determined using the following formula:

Solvency ratio =

Liquid assets

...

...

...

Where: Liquid assets and total liabilities are determined according to Appendix 3 enclosed herewith.

2. At the end of each business day, the people’s credit fund shall be required to maintain the minimum solvency ratio of 1 for the next business day and for the next 7 (seven) business days.

Article 7. Maximum ratio of short-term capital used for granting medium- and long-term loans

1. Each people’s credit fund shall maintain a ratio of short-term capital used for granting medium- and long-term loans of not exceeding 30%.

2. The ratio of short-term capital sources used for granting medium and long-term loans is determined using the following formula:

A =

(B - C)

x 100

...

...

...

Where:

- A: Ratio of short-term capital sources used for granting medium and long-term loans.

- B: Total outstanding balance of medium- and long-term loans as prescribed in clause 3 of this Article.

- B: Total amount of medium- and long-term capital as prescribed in clause 4 of this Article.

- D: Total short-term capital as prescribed in clause 5 of this Article.

3. Total outstanding balance of medium- and long-term loans includes outstanding balances of loans with remaining term of over 01 (one) year. Total outstanding balance of medium- and long-term loans excludes outstanding balances of loans granted using trust funds of the Government, organizations (including other credit institutions and foreign bank branches) and individuals.

4. Medium- and long-term capital includes:

a) Charter capital and reserve funds that remain after deduction of costs of purchase or investment in fixed assets, and capital contributed to the cooperative bank as prescribed by law;

b) The following amounts with remaining term of over 01 (one) year, including:

...

...

...

(ii) Loans received from other credit institutions and financial institutions.

5. Short-term capital includes:

a) Demand deposits;

b) The following amounts with remaining term of up to 01 (one) year, including:

(i) Term deposits and saving deposits of organizations and individuals;

(ii) Loans received from other credit institutions and financial institutions.

Article 8. Limits on lending operations

1. A people’s credit fund is not allowed to grant unsecured loans or concessional loans (i.e. a loan is granted with interest rate, documentation requirements, procedures for considering and approving loan application, collateral and debt collection measures softer than those prescribed by laws and its internal regulations on lending operations and loan management) to:

a) Members of the Management Board, members of the Board of Controllers, Director, Deputy Director(s) and Chief Accountant of the people’s credit fund;

...

...

...

c) An enterprise over 10% of the charter capital of which is held by one of the entities specified in point a of this clause;

d) Persons in charge of appraisal or approval of loan applications of the people’s credit fund.

2. Regarding the loans granted to the entities prescribed in Clause 1 of this Article, the people’s credit fund shall:

a) ensure that total outstanding balance of loans granted shall not exceed 5% of its equity;

b) ensure that the grant of loans is approved by the Management Board and made publicly available in the people’s credit fund;

c) submit report to the Office of the SBV Banking Supervision Agency of province or city where the people’s credit fund is headquartered or the SBV’s provincial branch (if the Office of the SBV Banking Supervision Agency is not established) whenever a loan is granted;

d) submit report to the GMM on loans granted by the ending date of data collection which is conducted to serve the GMM.

3. Total outstanding balance on loans granted to a member that is a juridical person shall not exceed the sum of contributed capital and balance on deposits of that juridical person at the people’s credit fund at all times. The term of a loan granted to a member that is a juridical person shall not be longer than the remaining term of that member's deposit at the people’s credit fund which must also be used as the loan collateral.

4. Total outstanding balance of loans granted to a client shall not exceed 15% of equity of the people’s credit fund.

...

...

...

6. Limits prescribed in clauses 4 and 5 of this Article shall not apply to:

a) Loans granted using trust funds of the Government, organizations (including credit institutions and foreign bank branches) and individuals;

b) A loan granted to a client which is fully secured by that client's deposits at the people’s credit fund in both terms of the loan term and amount.

7. Equity specified in point a clause 2, clauses 4 and 5 of this Article is determined according to clause 3 Article 5 of this Circular.

Section 2. REPORTING AND HANDLING OF VIOLATIONS

Article 9. Reporting  

People’s credit funds shall submit reports on their implementation of regulations on prudential ratios and limits for their operations as prescribed by the SBV.

Article 10. Handling of violations

Any people’s credit funds and relevant individuals that commit violations against provisions of this Circular shall, depending on the nature and severity of the violation, incur penalties as prescribed by laws.

...

...

...

TRANSITION PROVISIONS

Article 11. Responsibilities of people’s credit funds

1. When this Circular comes into force, any people’s credit funds that fail to comply with the prudential ratios and limits prescribed in this Circular shall develop remedial plans and proactively implement remedial measures to ensure their compliance with these prudential ratios and limits.

2. Within 30 (thirty) days from the effective date of this Circular, the people’s credit fund shall submit its remedial plans as prescribed in clause 2 Article 12, point b clause 2 Article 13 of this Circular either directly or by post to the Office of the SBV Banking Supervision Agency of province or city where the people’s credit fund is headquartered or the SBV’s provincial branch (if the Office of the SBV Banking Supervision Agency is not established).

In case the Office of the SBV Banking Supervision Agency of province or city where the people’s credit fund is headquartered or the SBV’s provincial branch (if the Office of the SBV Banking Supervision Agency is not established) requests the people’s credit fund to modify remedial measures, implementation schedule and/or time limit, it must comply with the request.

3. The people’s credit fund shall add the remedial measures specified in clause 2 of this Article and implementation schedule to its plan for restructuring and operation for consistent implementation as requested by the Office of the SBV Banking Supervision Agency or the SBV’s provincial branch.

Article 12. Transition on maximum ratio of short-term capital used for granting medium- and long-term loans

1. When this Circular comes into force, a people’s credit fund that fails to maintain the maximum ratio of short-term capital used for granting medium- and long-term loans as prescribed in clause 1 Article 7 of this Circular shall:

a) not be allowed to grant medium- and long-term loans until it complies with the ratio specified in clause 1 Article 7 of this Circular; and

...

...

...

2. A remedial plan developed by the people’s credit fund shall, inter alia, include:

a) The specific ratio which fails to comply with regulations;

b) Remedial measures and plan adopted to ensure that it shall maintain the required ratio within 12 (twelve) months from the effective date of this Circular.

Article 13. Transition on limits on lending operations

1. Loans agreements which have been concluded before the effective date of this Circular shall remain valid until their expiration dates. Any revisions to the aforementioned agreement shall only be made if they are deemed conformable to provisions of this Circular and relevant laws.

2. When this Circular comes into force, a people’s credit fund that have granted loans to its clients in excess of the limits specified in point a clause 2, clause 3, clause 4 and clause 5 Article 8 of this Circular shall be subject to the following provisions:

a) It shall not be allowed to grant any loans to the client that fails to meet the limits in point a clause 2, clause 3, clause 4 and clause 5 Article 8 of this Circular until this client meets these limits.

b) It must develop a remedial plan which shall, inter alia, include:

(i) The list of clients to which loans are granted in excess of the prescribed limits, and loans granted to each of them;

...

...

...

Article 14. Post-transition actions

If a people’s credit fund that fails to remedy its violation after the transition deadline in the remedial plan prescribed in Article 12 of this Circular or a deadline set by the Office of the SBV Banking Supervision Agency of province or city where the people’s credit fund is headquartered or the SBV’s provincial branch (if the Office of the SBV Banking Supervision Agency is not established), the Office of the SBV Banking Supervision Agency of province or city where the people’s credit fund is headquartered or the SBV’s provincial branch (if the Office of the SBV Banking Supervision Agency is not established) shall, depending on the nature and level of risk, implement appropriate measures for handling the violation, including restructuring of the people’s credit fund as prescribed by law or revocation of the License of the people’s credit fund.

Chapter IV

IMPLEMENTATION ORGANIZATION

Article 15. Responsibilities of SBV’s affiliated units

1. The SBV Banking Supervision Agency shall:

a) play the leading role and cooperate with relevant Departments/Agencies affiliated to the SBV in requesting the SBV’s Governor to decide the compulsory maintenance by people’s credit funds of limits and prudential ratios as prescribed in Clause 2 Article 1 of this Circular;

b) Each Office of the SBV Banking Supervision Agency shall:

(i) inspect, supervise and take actions against violations against provisions of this Circular committed by people’s credit funds in the province or city where the Office of the SBV Banking Supervision Agency is established;

...

...

...

(iii) appraise remedial plans submitted by local people’s credit funds and request them to revise their plans (if they are unsatisfactory or infeasible) as prescribed in clause 2 Article 12, point b clause 2 Article 13 of this Circular;

(iv) send internal regulations, appraisal results of transitional remedial plans to the SBV’s provincial branch for cooperation in management and supervision of implementation of provisions of this Circular by local people’s credit funds.

2. Each SBV’s provincial branch shall:

a) inspect, supervise and take actions against violations against provisions of this Circular committed by people’s credit funds in its responsible province or city if the Office of the SBV Banking Supervision Agency is not established;

b) instruct local people’s credit funds to implement provisions of this Circular;

c) receive internal regulations submitted by people’s credit funds and request them to make revisions thereto as prescribed in clause 6 Article 4 of this Circular;

d) appraise remedial plans submitted by people’s credit funds and request them to revise their plans (if they are unsatisfactory or infeasible) as prescribed in clause 2 Article 12, point b clause 2 Article 13 of this Circular;

dd) on the basis of results of inspection of local people’s credit funds, request the SBV to request such people’s credit funds to maintain prudential ratios and limits as prescribed in clause 2 Article 1 of this Circular;

e) cooperate with the Office of the SBV Banking Supervision Agency in management and supervision of implementation of provisions of this Circular by local people’s credit funds.

...

...

...

IMPLEMENTATION

Article 16. Effect

1. This Circular comes into force from March 01, 2016.

2. The following regulations shall cease to have effect:

a) Decision No. 1328/2005/QD-NHNN dated September 06, 2005 promulgating “regulations on prudential ratios for operations of grassroots people’s credit funds”;

b) Clause 3 Article 37 of the Circular No. 04/2015/TT-NHNN dated March 31, 2015 prescribing people’s credit funds.

Article 17. Implementation organization

The Chief of the Office, the Head of the SBV Banking Supervision Agency, heads of relevant units affiliated to the SBV, Directors of the SBV’s provincial branches, Chairperson of the Management Board and General Director of the cooperative bank, Chairpersons of Management Boards, and Directors of people’s credit funds shall implement this Circular.

...

...

...

PP. THE GOVERNOR
DEPUTY GOVERNOR




Nguyen Kim Anh

APPENDIX 1:

DETERMINATION OF EQUITY
(Enclosed with Circular No. 32/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam)

1. Tier 1 capital:

Unit:  VND million

Item

Components

Determination methods

...

...

...

1

Charter capital (capital contributed by members)

Use the amount of “Charter capital” in “Capital” section on balance sheet.

300

2

Funds for fundamental construction and purchase of fixed assets

Use the amount of “Funds for fundamental construction and purchase of fixed assets” in “Capital” section on balance sheet.

15

3

...

...

...

Use the amount of “Additional reserve fund of charter capital” in “Funds” section on balance sheet.

50

4

Operational development investment fund

Use the amount of “Development investment fund” in “Funds” section on balance sheet.

100

5

Grants offered by sponsors to the people’s credit fund

Use the amount of “Other capital” in “Funds” section on balance sheet.

...

...

...

6

Retained earnings

Make calculation according guidance in clause 3 Article 2 of this Circular.

85

7

Components of Tier 1 capital

= (1) + (2) + (3) + (4) + (5) + (6)

600

8

...

...

...

Use the amount of “Accumulated losses” when calculating capital adequacy ratio (CAR).

0

9

Capital contributed to the cooperative bank

Use the amount of “Capital contributed to the cooperative bank” in the “Capital contributions, long-term investments” section in the balance sheet.

10

Tier 1 capital

= (7) - (8) - (9)

...

...

...

10

Financial reserve fund

Use the amount of “Financial reserve fund” in “Funds” section on balance sheet.

10

11

General provisions

Use the amount of “General provisions” in the “Provisions for loss of loans granted to domestic borrowers” section on balance sheet, which shall not exceed 1,25% of total risk-weighted assets.

10

...

...

...

= (10) + (11)

20

Equity

= Tier 1 capital + Tier 2 capital

610

12

100% of the negative difference due to revaluation of fixed assets as prescribed by law

100% of total debit balance of the fixed asset revaluation difference account.

...

...

...

Equity used for calculating capital adequacy ratio (CAR)

= Equity - (12)

600

APPENDIX 2

RISK-WEIGHTED ASSETS
(Enclosed with Circular No. 32/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam)

Unit:  VND million

Item

...

...

...

Amount

Risk weighting

Value of risk-weighted asset

(1)

(2)

(3)

...

...

...

= (a) + (b) + (c) + (d) + (dd) + (e)

a

Cash

32

0%

0

b

...

...

...

0

0%

0

c

Deposits at the cooperative bank

40

0%

0

d

...

...

...

0

0%

0

 dd

Outstanding balances of the granted loans which are fully secured by valuable papers issued by the Government or SBV

0

0%

0

e

...

...

...

0

0%

0

Assets given a risk weight of 20%

= (g) + (h)

g

...

...

...

0

20%

0

h

Outstanding balances of the granted loans which are fully secured by valuable papers issued by state-owned financial institutions, credit institutions or foreign bank branches

0

20%

0

...

...

...

= (i)

i

Outstanding balances of the granted loans which are fully secured by housing, land use rights, housing on land granted land use rights of borrowers

3.000

50%

1.500

...

...

...

= (k) + (I)

k

Fixed assets of the people’s credit fund

2.500

100%

2.500

l

...

...

...

400

100%

400

Total risk-weighted assets

4.400

...

...

...

SAMPLE STATEMENT OF LIQUID ASSETS AND TOTAL LIABILITIES
(Enclosed with Circular No. 32/2015/TT-NHNN dated December 31, 2015 of the Governor of the State Bank of Vietnam)

Unit:  VND million

Items

Book value

  Ratio

Value used for calculation

Total

Grounds for determining maturity date/Notes

Next business day

...

...

...

Next business day

Day 2 - 7

(1)

(2)

(3)

(4) = (1) x (3)

...

...

...

(6) = (4) + (5)

I. Liquid assets
(I=1+2+3+4+5+6+7)

164

307

143,1

247,3

390,4

...

...

...

1. Cash in vault

20

N/A

100%

20

N/A

20

Balance at the end of the last day

2. Deposits at SBV

...

...

...

N/A

100%

0

N/A

0

Balance at the end of the last day

3. Deposits at the cooperative bank (3.1+3.2)

32

60

...

...

...

32

60

92

Deposits at the cooperative bank minus the amount of deposits for capital trade-off purpose as required by law (if any);

3.1. Demand deposits

12

N/A

100%

12

...

...

...

12

Balance at the end of the last day

- Principal

10

N/A

100%

10

N/A

10

...

...

...

- Interest

2

N/A

100%

2

N/A

2

3.2. Term deposits

...

...

...

60

100%

20

60

80

Use maturity dates specified in deposit contracts

- Principal

18

50

...

...

...

18

50

68

- Interest

2

10

100%

2

...

...

...

12

4. Deposits to checking accounts opened at commercial banks and foreign bank branches

30

N/A

100%

30

N/A

30

...

...

...

5. Outstanding debts that become due of secured loans (except bad debts)

22

89

80%

17,6

71,2

88,8

Use maturity dates specified in loan agreements

- Principal

...

...

...

80

80%

16

64

80

- Interest

2

9

...

...

...

1,6

7,2

8,8

6. Outstanding debts that become due of unsecured loans (except bad debts)

30

110

75%

22,5

...

...

...

105

Use maturity dates specified in loan agreements

- Principal

28

100

75%

21

75

96

...

...

...

- Interest

2

10

75%

1,5

7,5

9

7. Outstanding debts that become due of other amounts receivable

...

...

...

48

70%

21

33,6

54,6

Enter the realizable revenue from “Other assets” according to guidance of the SBV’s Governor on financial statements for people’s credit funds and other relevant documents in the columns that match the collection dates.

II. Total liabilities

(II=1+2+3+4)

102

...

...

...

73,1

211

284,1

1. Term deposits of clients that become due

22

116

100%

...

...

...

116

138

Use maturity dates specified in deposit contracts

- Principal

20

105

100%

20

105

...

...

...

- Interest

2

11

100%

2

11

13

...

...

...

34

N/A

15%

5,1

N/A

5,1

Average balance of deposits over the last 30 days

- Principal

30

...

...

...

15%

4,5

N/A

4,5

- Interest

4

N/A

15%

...

...

...

N/A

0,6

3. Loans received from other credit institutions and financial institutions, that become due

16

95

100%

16

95

...

...

...

Use maturity dates specified in loan agreements

- Principal

15

90

100%

15

90

105

...

...

...

1

5

100%

1

5

6

4. Other debts that become due

30

...

...

...

100%

30

0

30

Enter the amounts actually payable in association with fulfillment of “Other liabilities" according to guidance of the SBV’s Governor on financial statements for people’s credit funds and other relevant documents in appropriate columns.

Liquid assets of the next business day/Total liabilities of the next business day

=143,1/73,1

...

...

...

Liquid assets of the next 7 business days/Total liabilities of the next 7 business days

= 390,4/284,1