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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.

Credit outstanding of credit 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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