The State Bank of Vietnam (SBV) has just released a draft circular regulating the rank for people’s credit funds (PCFs).
Accordingly, PCFs will be type A, B, C and D if reaching 80 scores and above, 70 to 80 scores, 60 to below 70 scores and below 60 scores, respectively. They will drop one place in case of one or two criteria with zero score.
The rank for PCFs will be implemented annually. Relevant results will be also approved by Governor of the SBV on annual July…
Reported by Thanh Hong-Translated by K.T












