The State Bank of Vietnam (SBV) issued Decision No. 1119/QĐ-NHNN dated June 9 on changing operational duration of HCMC branch of BPCE IOM.
Accordingly, the SBV Governor approved the change in operational duration as written in Article II of License No. 06/NH-GP dated June 12, 1996 for BANQUE FRANCAISE DU COMMERCE EXTERIEUR-SUCCURSALE DU VIETNAM (currently named as HCMC branch of BPCE IOM) as follows: “Operational duration of HCMC branch of BPCE IOM is two years from June 12, 2017.
HCMC branch of BPCE IOMis responsible for registering with authority; publicizing the change in operational duration in accordance with Item 4 of Article 29 of Law on Credit Institutions.
The Decision took effect from June 12, 2017 and is an integral part of License No. 06/NH-GP dated June 12, 1996.
Le Hang