The Circular, issued by the State Bank on October 12, regarding organization and operation of financial leasing companies
The Circular, issued by the State Bank on October 12, guides the Government’s Decree No. 16/2001/ND-CP of
According to this Circular, financial leasing companies include State-owned companies, joint-stock companies, companies attached to credit institutions, joint ventures and 100% foreign-owned companies.
The maximum operation term of a financial-leasing company in
Financial leasing companies established and licensed before the effective date of the Government’s Decree No. 16/2001/ND-CP will have operation terms as defined in their licenses
(Source: VietnamLaw)
