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Pursuant to Clause 1, Article 10 of Circular No. 40/2026/TT-NHNN, people's credit funds must maintain a maximum ratio of short-term funds used for medium and long-term loans of 30%.
Specifically, pursuant to Clause 2, Article 10 of Circular No. 40/2026/TT-NHNN, the ratio of short-term funds used for medium and long-term loans shall be determined on the basis of total outstanding medium and long-term loans, total medium and long-term funds, and short-term funds of the people's credit fund.
Pursuant to Clause 3, Article 10 of Circular No. 40/2026/TT-NHNN, total outstanding medium and long-term loans include outstanding loans with a remaining term of over one (01) year. However, they do not include outstanding loans entrusted by the Government, organizations (including credit institutions and foreign bank branches), and individuals.
Pursuant to Clause 4, Article 10 of Circular No. 40/2026/TT-NHNN, medium and long-term funds include:
- Charter capital, reserve fund for supplementing charter capital, development investment fund, and financial reserve fund remaining after deducting accumulated losses, the original cost of purchases and investments in fixed assets, and capital contributed to the cooperative bank in accordance with the law;
- Undistributed accumulated profits;
- Items with a remaining term of over one (01) year, including:
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Term deposits and savings deposits of organizations and individuals;
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Loans from credit institutions and foreign bank branches;
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Loans from other organizations in accordance with the law.
Pursuant to Clause 5, Article 10 of Circular No. 40/2026/TT-NHNN, short-term funds include:
- Demand deposits;
- Items with a remaining term of up to one (01) year, including:
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Term deposits and savings deposits of organizations and individuals;
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Loans from credit institutions and foreign bank branches;
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Loans from other organizations in accordance with the law.
In cases where total outstanding medium and long-term loans are smaller than total medium and long-term funds, pursuant to Clause 6, Article 10 of Circular No. 40/2026/TT-NHNN, the ratio of short-term funds used for medium and long-term loans shall have a value of 0.
Accordingly, from November 1, 2026, people's credit funds may use up to 30% of short-term funds for medium and long-term loans, and must determine this ratio in accordance with the method prescribed in Article 10 of Circular No. 40/2026/TT-NHNN.
