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households, financial institutions that are not credit institutions such as
Deposit Insurance of Viet Nam; Viet Nam Social insurance; Investment and

development funds of centrally-managed provinces and cities; insurance
companies; Credit guarantee fund for small and medium enterprises;
organizations other than credit institutions providing payment services,
securities companies; securities investment fund management companies,
etc. under the forms of demand deposits, term deposits, saving deposits and
other forms of deposits according to the rule with full repayment of
principal and interest to depositors as agreed.

Cre it outstan ing of cre it institutions, foreign anks’ ranches

a) Definition
Credit outstanding is the total outstanding at a given time of credits
granted by credit institutions, foreign banks’ branches to Vietnamese legal
entities and individuals that are residents of Viet Nam in non-financial
institution sector, household institution sector, non-profit institutions sector

serving households, financial institutions that are not credit institutions such
as Deposit Insurance of Viet Nam; Viet Nam Social insurance; Investment
and development funds of centrally-managed provinces and cities; insurance
companies; Credit guarantee fund for small and medium enterprises;
organizations other than credit institutions providing payment services,
securities companies; securities investment fund management companies,
etc. in the form of: Lending, discount, rediscount negotiable instruments and
other valuable papers; financial leasing; factoring; payments on behalf of
customers in cases guaranteed customers fail to fulfill their obligations
when the payment is due; credit card issuance; purchase and investment in
corporate bonds (excluding VAMC bonds); and other credit granting
operations are approved by the State Bank of Viet Nam.

- Short-term credits are credits granted with a maximum term of 01
(one) year.

- Medium-term credits are credits with a term of over 1 (one) year and
a maximum of 05 (five) years.

- Long-term credits are credits granted with a term of more than 05
(five) years.

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