The Governor of the State Bank of Vietnam (SBV) issued Decision No. 2253/QĐ-NHNN on October 30 to extend the operational coverage of the license of Tien Phong Joint-Stock Commercial Bank (TienPhongBank).
Accordingly, the SBV Governor has permitted the TienPhongBank to add operation of “overseas lending” to Point d of Item 2 of Article 3 of License No. 123/GP-NHNN dated May 5, 2008.
The TienPhongBank is responsible for meeting all the requirements in accordance with Item 4 of Article 29 of the Law on Credit Institutions; providing additional service in accordance with SBV regulations and relevant laws.
This Decision took effect from the date of signing and is an integral part of License No. 123/GP-NHNN dated May 5, 2008.
LH