Circular No. 89/2014/tt-Btc: Guide Support Loan Interest Rate And The Interest Rate Disparity Compensation Levels Due To A Policy Of Support To Reduce The Losses In Agriculture

Original Language Title: Thông tư 89/2014/TT-BTC: Hướng dẫn hỗ trợ lãi suất vay vốn và cấp bù chênh lệch lãi suất do thực hiện chính sách hỗ trợ nhằm giảm tổn thất trong nông nghiệp

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
FINANCE MINISTRY
Number: 89 /2014/TT-BTC
THE SOCIALIST REPUBLIC OF VIETNAM.
Independence-Freedom-Happiness
Hanoi, 7 July 2014

IT ' S SMART

Guidance supports capital loan interest and interest rate arbitrate due to

Do Support policy to reduce agricultural losses

________________________

Base of Protocol 215 /2013/ND-CP December 23, 2013 of the Government regulates the function, mandate, jurisdiction and organizational structure of the Ministry of Finance;

Base Decision Base 68 /2013/QĐ-TTg 14 November 2013 by the Prime Minister on Government Assistance to reduce losses in agriculture;

At the suggestion of the Chief Financial Officer of the banks and financial institutions;

The Minister of Finance issued a guidance advisory in support of capital loan interest and the interest rate arbiter due to execution. Support policy aims to reduce agricultural losses as follows:

What? 1. The tuning range and subject apply

1. The adjustment range:

This information guidelines on conditions, records, procedures, interest rates, interest rates, and interest rate compensation through commercial banks to perform regulatory lending at Article 1 and Article 2 Decision No. 1. 68 /2013/QĐ-TTg 14 November 2013 by the Prime Minister on Government Assistance Policy aims to reduce agricultural losses (the following this is called the Digital Decision). 68 /2013/QĐ-TTg).

2. Subject applies:

2.1 Commercial Banking is established and operates under the Law of Credit Organization (later known as the Commercial Bank) implementation of the loan under regulation at Article 1 and Article 2 Decision No. 1. 68 /2013/QĐ-TTg.

2.2 Organs, organizations, individuals involved.

What? 2. Form of implementation of capital loan support and interest rate arbiter.

1. Commercial Bank for the loan makes interest in the interest of interest rates or supports the arbitrate between the trade interest rate and the state ' s development credit interest rate on organizations, the individual borrower of the specified subject at Article 1, Article 2 Decision. Number 68 /2013/QĐ-TTg.

2. The state budget supports commercial equity interest rates or grants a gap between the trade interest rate and the state's development credit interest rate for the commercial bank making the loan under the stipulation at 1 Article.

What? 3. The condition is funded by the state budget and the interest rate arbiter.

1. Commercial banks organize the lending of regulations at Article 1, Article 2 and Article 3 Decision No. 1. 68 /2013/QĐ-TTg and guide to the State Bank of Vietnam.

2. State budget loans that support interest rates and grant interest arbitrate compensation payments are full of the following conditions:

2.1 The correct loans, correct and meet the sufficient conditions of regulation at Article 1, Article 2 and Article 3 Decision No. 1. 68 /2013/QĐ-TTg.

2.2 The loan payout in the term at the time of interest in the interest rate and the interest rate arbiter; do not perform the interest rate support and the interest rate arbiter on loans (original and interest) is too restrictive from the deadline.

2.3 The loans have contracted capital loans at commercial banks from the date of Decision No. 1. 68 /2013/QĐ-TTg It is effective until 31 December 2020.

What? 4. The level of support, compensation and capital support support and interest rate arbiter

1. Rate of interest support and interest rate offset:

1.1 The loans to buy machines, the equipment stipulated at paragraph 2 Article 1 Decision No. 1 68 /2013/QĐ-TTg State budget supports 100% interest rates in the first 02 years, 50% interest rates in the third year. The interest rate for each loan is calculated from the day of the bank.

1.2 Loans to Implement Machine-chain investment projects, equipment; machine fabrication projects, regulatory agricultural production equipment at Clause 2 Article 2 Decision No. 2 68 /2013/QĐ-TTg The state budget is offset by the disparity between the commercial lending rates of commercial banks and the state's development credit rate. The timing of interest arbitrates for each loan is calculated from the day of the bank.

The time is granted by the state to offset interest rates by a loan deadline at paragraph 5 Article 2 Decision No. 2 68 /2013/QĐ-TTg, No more than 12 years.

1.3 The lending rate of commercial banks as the basis for state budgets to support interest rates and grant interest arbitrate is the lowest loan interest rate of the commercial bank that has a loan-based lending activity. 68 /2013/QĐ-TTg is applied to loans which serve agricultural, rural, and period, and at the same time are publicly listed by the commercial bank at trading points.

1.4 The state's developed investment credit rate makes the base interest rate differential in accordance with Article 2 Decision No. 2. 68 /2013/QĐ-TTg is the state's investment credit rate of development that applies to each period.

2. The capital source supports interest rates and interest rate arbiter:

Interest in interest in interest rates and the interest rate arbitrate implementation of the reduction in agricultural losses in agriculture is set in the bill of profit margin compensation (the development capital) of the annual state budget.

What? 5. Records, procedures that support capital loan interest rates and interest rate arbiter

1. Planning to support interest rates and offset interest rates:

Every year, the slog slog on July 31st, the base commercial banks expect loan debt to buy machinery, equipment, chain line investments, agricultural production equipment of the next year to build interest in interest rates and profit margins. for the five planned (divided each quarter) to the Ministry of Finance and the Ministry of Planning and Investment.

In 2014 alone, after 15 days since this Privacy Day is effective, commercial banks are in charge of establishing and sending interest in interest rates and compensation payments to the Ministry of Finance and the Ministry of Planning and Investment.

The Ministry of Planning and Investment, in collaboration with the Ministry of Finance, expects to offset the interest rate of the central budget in order to compensate for commercial banks to implement a policy of reducing agricultural losses.

2. The planning of the interest rate support and the annual interest rate offset is done in the following formula:

2.1 For the loan interest rate supported:

The amount of interest is supported by the plan.

=

The amount of interest supported by the former debt has been born (stated in This Point)

+

The amount of interest supported is expected to arise in the planned year (stated in Saving This Point)

a) For the former debts that have been born (including the estimated 31/12 of the year before the planned year):

The amount of interest supported by the former debt has been born

=

Bank loan balance.

x

The rate of interest support per capita

In it:

-Amateur loan debt is calculated by the commercial bank on the basis of a balance of debt that has made the loan.

-The average rate of interest in the average bank loan rate in the first two years, equal to 50% of the commercial bank ' s average loan interest in the third year is determined by regulation at 1 Article 4 of this.

b) For the debt that will arise in the planning year:

The amount of interest supported is expected to arise in five plans.

=

The expected average annual loan balance is supported.

x

The rate of interest support per capita

In it:

-The expected average annual loan debt of the year is calculated according to the average public formula between the planned early debt of five plans and the final debt of the year.

-The average rate of interest in the average bank loan rate in the first two years, equal to 50% of the commercial bank ' s average loan interest in the third year is determined by regulation at 1 Article 4 of this.

2.2 For capital loan interest is granted offset:

The amount of arbitrate is allocated to the plan.

=

The amount of income inequality of the former debt raised (stated in this Point)

+

The amount of arbitrate arbitrates is expected to arise in the planning year (stated in Saving This Point)

a) For the former debts that have been born (including the estimated 31/12 of the year before the planned year):

The amount of income inequality is granted by the former debt.

=

The debt has lent its balance to the interest rate.

x

Average profit margin arbiter

In it:

-Amateur loan debt is granted compensation arbitrates calculated by the commercial bank on the basis of a balance of debt that has made the loan.

-The average price margin difference is the difference between the average loan interest rate of the commercial bank and the state 's development credit rate of investment, which is calculated according to the average digital formula between the year' s annual offset interest rate. And end of the year

b) For the debt balance that will arise in the year of planning:

The amount of income inequality is expected to arise in five plans.

=

The expected average annual loan debt is granted compensation.

x

Average profit margin arbiter

In it:

-The expected average annual loan debt of the year is granted in the balance of the arithmetic formula between the initial debt of five plans and the final debt of the year.

-The average price margin difference is the difference between the average loan interest rate of the commercial bank and the state 's development credit rate of investment, which is calculated according to the average digital formula between the year' s annual offset interest rate. And end of the year

3. Advance in support of capital loan interest and quarterly interest rate compensation:

At a maximum of 30 days from the date of receiving the prescribed quarterly report in paragraph 1 Article 6 This is accompanied by the commercial bank's recommendation, the Ministry of Finance will perform a temporary advance of 80% of the bank's interest in the interest of the prior quarter. But the number of capital deposits since the beginning of the year does not exceed the expected year. In the absence of a temporary implementation, the Ministry of Finance has the written response to the cause and guidelines of commercial banks how to handle on a 20-day period of work.

4. The method of determining the amount of interest supported and the amount of arbiter arbiter is granted compensation:

4.1 For loans that are supported by the loan interest rate at Article 1 Decision No. 1 68 /2013/QĐ-TTg:

a) The amount of interest that is supported for a loan is calculated according to the volume of the volume of interest in support with the loan balance and the loan period is supported by interest in the following formula:

The amount of interest is actually supported.

=

n

Mr.

i= 1

Support Rate Rate

x

The total volume among the debt balance (corresponding to the same loan interest rate) with the number of actual debt days in the month

30

In it:

-The rate of interest in support is made in accordance with this Article 4 Article 4 and is calculated according to the unit:% of the month.

-n is the number of actual debt days in the rate of interest in interest.

b) The amount of interest supported by commercial banks is the total amount of interest that supports the actual support of all interest-backed lenders.

c) Commercial banks use the above formula to determine the amount of interest in the interest rate recommended by the Ministry of Finance.

4.2 For loans granted compensation arbitrate by regulation at Article 2 Decision No. 2. 68 /2013/QĐ-TTg:

a) The amount of arbitrate arbitrate is granted in the amount of a loan calculated by the numerical method between the rate of interest rate that is allocated to the loan balance and the loan period is granted the interest rate offset by the following formula:

The amount of difference is actually compensated.

=

n

Mr.

i= 1

Offset interest rate differential

x

The total volume among the debt balance (corresponding to the same loan interest rate) with the number of actual debt days in the month

30

In it:

-The level of interest rate differential is prescribed at 1 Article 4 of this and is calculated according to the unit:% of the month.

-n is the number of actual debt days that arise in interest in interest rates.

b) The commercial bank ' s offset amount of interest is the total amount of actual compensation payments of all the eligible interest rates specified by the regulation in order of 4.2 paragraph 4 This Article.

c) The commercial bank uses the above formula to determine the amount of interest arbitrates that offer the Ministry of Finance to compensate.

5. The decision to support capital loan interest rates and interest rate offset:

5.1 Within 90 days from the end of the fiscal year, commercial banks must submit a payment offering that supports the capital loan interest and the interest rate arbiter for the Ministry of Finance. For cases of missing or non-valid cases, the Ministry of Finance is responsible for a written notice to the state commercial banks in the 10-day period of work.

5.2 Profile recommended:

a) The profile offers a decision on the loan that is supported by the capital loan interest:

-Global aggregation report on the decision to support the loan interest that has already been audits by Independent Auditor or State Audit (Annex 1 issued this Information).

-Report by the province of the decision to support the capital loan interest (Annex 2 issued this Smart).

b) The profile offer a decision on the loan is granted a offset of interest rates:

-The systemic aggregation report on the yield arbitrate arbitrate decision-in-development credit-to-development credit rate has been audits audits by Independent Audit or State Audit (Annex 3 issued this Smart).

-A provincial report on an interest rate arbitrate decision making up the investment credit rate (Appendix 4).

5.3 Commercial banks held stars, in-file, detailed reports according to each interest rate support guarantee, transparent transparency to facilitate the work of the appraisal of interest payments, interest rates and interest rates. I mean, at 5.4, that's five.

5.4 Judges of decision count support capital loan interest rate and interest rate arbiter:

a) The Ministry of Finance conducts an appraisal of the amount of accounting that supports the capital loan interest and the interest rate arbiter after receiving full of the file offer the decision to support the capital loan interest and the interest rate arbiter.

b) The Ministry of Finance informed by the text of the branches of the commercial bank selected for the implementation of the decision-making.

c) The commercial banks are responsible for providing detailed records according to each loan, which is aggregable by each branch selected to perform the decision-making, as follows:

-Credit contracts, indentured contracts or equivalences to identify a loan client, the situation of lending, balance, debt.

-The digital volume table to determine the amount of money that supports the capital loan interest and the interest rate arbiter.

-The customer's confirmation certificate of capital loans has been supported by the interest rate, and the rate of interest arbitrate per annum of which has listed each time supported in all forms.

-The lowest loan interest message to make the approval base determines the amount of interest rate loan support and the interest rate arbiter.

The above documents are maps that have the main medical records of commercial banks (number 1) and are signed by the person, stating their names.

d) The appraisal of the amount of accounting for capital loan support and interest rate compensation is made in the 90-day period since the full date of the full recipient of the decision pool that supports the capital loan interest and the interest rate differential of the merchant banks. I'm

5.5 Processing arbitrate of decision figures and a temporary number supporting the capital loan interest rate and interest rate offset:

-The case has a disparity between the number of confirmed accounting reports by the auditor agency and the Treasury Department ' s decision number, the commercial banks have the responsibility to adjust on the accounting book to accurately reflect the number of payments that support interest rates. Capital loans and profit margins.

-A temporary number of loans that support capital gains and interest rates arbitrate has been transferred by the state budget higher than the number of judges to decide, the number of arbitrates will be revoked by the Treasury Department.

-A temporary number of loans that support capital gains and interest rates arbitrate has been passed by the state budget lower than the number of judges to decide, the number of arbitrates will be added by the state budget.

-The differential handling between the number of determined judges and the temporary number supports the capital loan interest and the interest rate offset is made in the 45-day period from the date of the Decision of the Interrogation.

-The case has to extend the differential processing time between the amount of accounting and the number of determined judges that support the capital loan interest and the interest rate arbiter and other special cases will be reviewed by the Minister of Finance, the decision.

6. Handled the recall of the amount of money that supported the capital loan interest and the interest rate arbiter:

-The case in the time of support, commercial banks through the customer loan check which found a mistake in the use of a customer ' s loan capital, conducts a state-backed wrongfully loan transfer into a regular loan and a loan. The bank of the bank has been able to recover, and the bank has already paid its support for the loan client.

-The illegal case of a loan client was discovered after the decision of the state regulators, the commercial banks were responsible for recovering the amount of money supported by the state and paid back to the state budget.

-The case of the amount of interest in the interest of borrowers on the wrong capital has been used by commercial banks every measure to take advantage of, but not recovered, commercial banks have specific reports sent to the Ministry of Finance to be used. Your instructions.

What? 6. Report Mode

1. For the quarterly report:

The quarterly term (slowest is the 30th of the next month of the next quarter), the commercial banks aggreging figures on the results of the implementation of the support policy of support to reduce the losses in agriculture of the entire system, assess the execution of the situation. and sent back to the Treasury Department.

2. For the report of the year:

Within 90 days of the end of the fiscal year, commercial banks sent out the annual implementation report to the Ministry of Finance:

-The amount that supports the capital loan rate and the interest rate difference has been temporary for the year.

-The amount of money that supports the capital loan interest and the actual rate of interest arbitrate the offer is expected to be granted all year.

-The file is recommended by regulation at 5.2 paragraph 5 Article 5 This message.

What? 7. The transition clause

1. For loans that are supported by interest rates and offset interest rates by regulation at Decision No. 1. 63 /2010/QĐ-TTg October 15, 2010, Decision No. 65 /2011/QĐ-TTg On December 2, 2011, the Prime Minister's December 2, 2011, the Prime Minister's policy of supporting policy to reduce the losses to the crop, the fisheries continue to apply to the extent, capital, records, interest rates, interest rates, and interest rate compensation, the report. number 188 /2012/TT-BTC November 7, 2012 of the Ministry of Finance.

2. For loans signed from the date of Decision No. 68 /2013/QĐ-TTg effective (January 1, 2014) and is eligible to support interest rates and grant interest arbitrate by regulation at Decision No. 1. 68 /2013/QĐ-TTg If you want to do this, you do as you say.

What? 8. Effect of execution and execution

1. This message has been in effect since 22 August 2014.

2. In the course of the execution if the proposed arise reflects on the Ministry of Finance for review, the ./.

KT. MINISTER.
Chief.

(signed)

Chen Xuân