The State Bank of Vietnam (SBV) issued Decision No. 1199/QĐ-NHNN on June 19 on revising the License of the Vietnam Export – Import Joint- Stock Commercial Bank (Eximbank).
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Accordingly, the SBV has approved additional operations of “being trustee and trustor in accordance with applicable law and SBV’s guidance” to Point 8 of License No. 0011/NH-GP dated April 6, 1992.
Eximbank is responsible for complying with the procedures in accordance with Item 3 of Article 18 of Circular No. 40/2011/TT-NHNN, dated December 15 2011, on granting a license to commercial banks, foreign bank branches, the representative offices of foreign banks and other foreign institutions with banking operations in Vietnam (as revised by Circular No. 08/2015/TT-NHNN dated June 30, 2015).
This Decision took effect from the date of signing and is an integral part of License No. 0011/NH-GP dated April 6, 1992.
Le Hang