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THE STATE BANK
Number: 312/2003/QĐ-NHNN
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
Ha Noi ,day 04 month 04 year 2003

DECISION No. 312/2003/QD-NHNN of April 4, 2003 amending and supplementing Item a, Point 2 of Circular No. 03/2003/TT-NHNN of February 24, 2003 which guides the provision of loans without property guarantee under the Government's Resolution No. 02/2003/NQ-CP of January 17, 2003

The amended contents are as follows:

For peasants' households and owners of agricultural, forestry, fishery and salt-making production farms of commodity-manufacturing nature, having investment projects and feasible production and/or business plans and based in the areas planned for infrastructure investment, that have already or have not yet signed product-consumption contracts with enterprises or cooperatives but the products mentioned in investment projects and production and/or business plans are marketable, credit institutions shall consider to provide them with loans of up to VND 30 million without applying the measure of property guarantee, but require the submission of land use right certificates or written certifications by the commune, ward or township People's Committees of the non-existence of land disputes.- (Summary)

The State Bank

Phó Thống đốc

(Signed)

 

Phung Khac Ke