The Governor of the State Bank of Vietnam (SBV) issued Decision No. 549/QĐ-NHNN on April 14 to extend the operational coverage of the license of the Ho Chi Minh City (HCMC) branch of Mega International Commercial Bank Co., Ltd.
Accordingly, the SBV Governor has approved the additional operations of “trading government bonds” to Article III of License No. 25/NH-GP dated May 3, 1996.
The HCMC branch of Mega International Commercial Bank Co., Ltd is responsible for meeting all the requirements in line with SBV regulations on trading government bonds and other relevant laws; registering additional operations with the relevant authorities and publicizing new operation of its License in accordance with Item 4 of Article 29 of the Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of License No. 25/NH-GP dated May 3, 1996.
LH