Chương 2 Luật Ngân hàng Nhà nước 1997: Tổ chức của ngân hàng nhà nước

Chapter II

ORGANIZATION OF THE STATE BANK

Article 10.- Organizational structure

1. The State Bank shall be organized into a centralized and unified system, comprising executive and professional operation sections at its head office, branches in provinces and cities directly under the Central Government, its representative offices inside and outside the country and its attached units.

2. The organization, tasks and powers of the managerial apparatus of the State Bank shall be stipulated by the Government.

Article 11.- Leading and managing the State Bank

1. The Governor of the State Bank (hereafter referred to as the Governor) is a member of the Government and responsible for leading and managing the State Bank.

2. The Governor shall have the following tasks and powers:

a/ To direct and organize the performance of tasks and the exercise of powers of the State Bank as provided for in Article 5 of this Law and the Law on Organization of the Government;

b/ To be answerable before the Prime Minister and the National Assembly for the field he/she is in charge of.

c/ To act as the legal representative of the State Bank.

Article 12.- Branches and representative offices

1. A branch is a dependent unit of the State Bank, subject to the centralized and uniform leadership and management of the Governor.

The branch shall perform the following tasks and exercise the following powers as authorized by the Governor:

a/ To examine and inspect banking activities in its assigned geographical area;

b/ To grant and withdraw establishment and operation licenses of credit institutions as well as banking operation licenses of other organizations; to decide the dissolution, approve the division, splitting, consolidation or merger of credit institutions in the geographical area;

c/ To carry out re-financing operations and provide loans for payment;

d/ To provide payment, cash, and other banking services for credit institutions and the State Treasury;

e/ To perform other authorized tasks under the provisions of law.

2. A representative office is a dependent unit of the State Bank, that has the task of representing the Bank under authorization of the Governor. The representative office shall not be allowed to conduct banking professional activities.

3. The Governor shall stipulate the organization, concrete tasks and powers of the State Bank's branches and representative offices.

Article 13.- Attached units

1. The State Bank has its non-business units to perform the tasks of training, scientific research, and the provision of specialized banking cyberspace, information and press services.

2. The Prime Minister shall decide the establishment of the enterprises attached to the State Bank for the supply of specialized products in service of banking activities.

Article 14.- Responsibilities of officials and employees of the State Bank:

The State Bank's officials and employees shall have to abide by the following regulations:

1. To keep secret the professional activities of the State Bank, credit institutions and the customers' deposits as prescribed by law;

2. To refrain from acting as consultants, representatives or collaborators for monetary, credit, commercial, financial or other business organizations, except for cases otherwise provided for by law;

3. To refrain from abusing their posts and powers to take bribes or hassle others for personal benefits;

4. To fulfill other obligations prescribed for the State officials and employees by law.