The Circular No. 123/2018/TT-BTC regulates:
- Loans having an overdue debt balance part, customers titled to interest rate compensation for the debt balance. The part of debt balance which is not overdue under the credit contract signed between the bank and the customer will be entitled to the interest rate under Decree No. 67/2014 / ND-CP of the Government.
- Loans which are rescheduled terms of repayment because the ships are damaged and must be repaired will be supported in interest rate during the time of repairing.
- In case of changing ship owners under the the Government's Decree No. 17/2018 / ND-CP: During the time of carrying out the procedure of changing ship owners, the debt balance will be restructed but no more than 6 months.
In addition, the Circular states to grant interest rate for loans to the right subjects, customers use loans for the right purposes in accordance with the law.