Press Release on issuance of Circular No.09/2025/TT-NHNN
Hanoi, June 24, 2025. The Governor of the State Bank of Vietnam (SBV) has issued Circular No. 09/2025/TT-NHNN amending and supplementing a number of Articles of Circular No. 25/2023/TT-NHNN of the SBV Governor stipulating the emulation and commendation in the banking sector.
The new Circular is composed of 04 Articles, focusing on: (i) Amending and supplementing a number of Articles related to the restructuring of the organizational structure of the SBV entities; (ii) Abolishing the authority of the SBV Chief Inspector in deciding on awarding the title of “Outstanding Emulation Flag” to the subordinate collectives under the Banking Supervision Agency. The specific Articles are as follows:
Article 1: Amending and supplementing a number of Articles of Circular No. 25/2023/TT-NHNN.
Article 2: Replacing and abolishing a number of phrases and clauses as stated in Circular No. 25/2023/TT-NHNN.
Article 3: Responsibilities for the implementation.
Article 4: Entry into force.
The new Circular enters into force on June 24, 2025.
HY