The State Bank of Vietnam (SBV) issued Decision No. 302/QĐ-NHNN on March 10 to allow Home Credit Vietnam Finance Company Limited (Home Credit Vietnam) to move its headquarter to a new venue.
Accordingly, Item 2 of Article 1 of License No. 112/GP-NHNN dated April 18, 2008 for PPF Vietnam (currently named as Home Credit Vietnam) is revised as follow: “2.Headquarter Address: G, 8th and 10th Floors, Phu Nu Building, No.20 Nguyen Dang Giai, Thao Dien ward, district 2, Ho Chi Minh City”.
Home Credit Vietnam is responsible for complying with Item 4 of Article 29 of the Law on Credit Institutions No. 47/2010/QH12.
The SBV Governor assigned the Banking Supervision Agency (Banking Supervision Division in HCMC) to monitor the implementation of revised substance by Home Credit Vietnam in compliance with regulations and SBV’s guiding documents.
The Decision took effect from the date of signing and is an integral part of License No. 112/GP-NHNN dated April 18, 2008.
Le Hang