The State Bank of Vietnam (SBV) issued Decisions No.1170/QĐ-NHNN dated June 15, 2017 on revising the License of the Vietnam Maritime Commercial Joint-Stock Bank (Maritime Bank).
Accordingly, the SBV Governor has approved: To revise Item 8 of the License No.0001/NH-GP dated June 8, 1991 by the SBV Governor for Maritime Bank to add several services and rewrite it as follow: Conducting currency brokerage services; Conducting trustor and trustee services, agents in the fields related to banking activities, asset management in line with the law and SBV’s guidance; Issuing deposit certification, bonds, treasury bills and bonds to mobilize capital in accordance with the Law on Credit Institutions, Vietnam Securities Law, the Government’s regulations and the SBV’s guidance;
Maritime Bank is responsible for complying with legal procedures stipulated in Item 3, Article 18 of Circular No.40/2011/TT-NHNN dated December 15, 2011 issued by SBV Governor on granting license and organization, performance of commercial banks, branches of foreign banks, representative offices of foreign credit institutions and other foreign organizations having banking operations in Vietnam (revised and supplemented by Circular No 08/2015/TT-NHNN dated June 30, 2015) to implement the mentioned above contents of revision.
This Decision took effect from the date of signing and is an integral part of License No.0001/NH-GP dated June 8, 1991 by the SBV Governor for Maritime Bank.
Thoa Le