The Governor of the State Bank of Vietnam (SBV) issued Decision No.843 and 844/QĐ-NHNN on April 27, 2017 to appoint service banks for the phrase 2 of the Secondary Education Development Project funded by the Asian Development Bank (ADB).
Accordingly, the SBV Governor assigned the Housing Development Commercial Joint Stock Bank (HDBank) as the serving bank for the phrase 2 of the Secondary Education Development Project (the component of Policy Program) and the Sai Gon – Ha Noi Joint- Stock Commercial Bank (SHB) as the serving bank for the phrase 2 of the Secondary Education Development Project (component of Investment Project) funded by ADB under the Loan Agreement No.3493-VIE and No.3494-VIE dated March 2, 2017 signed between the representatives of the Socialist Republic of Vietnam and the ADB.
The General Director of the HDBank and SHB are responsible for providing banking services to the above mentioned projects in line with Decree No.16/2016/NĐ-CP dated March 16, 2016 and the guidelines of SBV, the Ministry of Finance and the ADB.
Thoa Le