The State Bank of Vietnam (SBV) issued Document No.5479/NHNN-TTGSNH dated July 12, 2017 to allow Standard Chartered Bank (Vietnam) Ltd. (SCBVL) to establish its non-productive unit in Hochiminh City. Specifically:
Name: Standard Chartered Bank (Vietnam) Ltd. – The Non-Productive Centre; Address: the 2nd Floor and Room 301, 3rd Floor, South Saigon Building 1, No.1060 Nguyen Van Linh street, Tan Phong ward, District 7, Hochiminh City, Vietnam.
SCBVL is responsible for implementing procedures for inaugurating its non-productive unit in line with Circular No.21/2013/TT-NHNN dated September 9, 2013 on operational network of commercial banks and the other applicable legal texts.
SCBVL is required to inaugurate the above-mentioned non-productive unit within 12 months from the date of signing. The Document will cease to be effective in case that the opening of non-productive unit not completed as scheduled.
Thoa Le