On March 04, 2022, the State Bank of Vietnam (SBV) issued Decision No. 309/QD-NHNN amending and supplementing a number of substances in the License for the Establishment and Operations of the Asia Commercial Bank Leasing Company Limited (ACB Leasing).
Accordingly, the SBV Governor has approved to amend Point 6.1(a) in Paragraph 6 of Article 1 of the License for the Establishment and Operations No. 06/GP-NHNN dated May 22, 2007 issued by the SBV Governor to ACB Leasing, to read as follows:
“a) Receiving deposits from institutions.”
Also, the SBV Governor has approved to supplement an additional operation as Point 6.1(e) in Paragraph 6 of Article 1 of the License for the Establishment and Operations No. 06/GP-NHNN dated May 22, 2007 issued by the SBV Governor to ACB Leasing, to read as follows:
”e) Depositing in and receiving deposits from credit institutions, foreign bank branches in line with the applicable provisions of law.”
This Decision took effect from the date of signing and is an integral part of the License for the Establishment and Operations No. 06/GP-NHNN dated May 22, 2007 issued by the SBV Governor to ACB Leasing.
ACB Leasing shall be responsible for implementing the applicable procedures in line with Paragraph 4 of Article 29 of the 2010 Law on Credit Institutions (as amended and supplemented in 2017) regarding the above amendment and supplementation.
LK