The State Bank of Vietnam (SBV) issued Decision No. 1657/QĐ-NHNN on August 2, 2017 to revise License of Mizuho Bank, Ltd. – Hanoi branch.
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Accordingly, the SBV Governor approved the additional operation of “trading and providing forex services in the domestic and international market” to Article III of License No. 26/NH-GP dated July 3, 1996 for THE FUJI BANK, LIMITED – HANOI BRANCH (currently named as Mizuho Bank, Ltd. – Hanoi branch); at the same time, abolished Item II of Article III of License No. 26/NH-GP dated July 3, 1996.
Mizuho Bank, Ltd. – Hanoi branch is responsible for providing the mentioned-above services in compliance with applicable laws; implementing procedures in line with Item 3 of Article 18 of Circular No. 40/2011/TT-NHNN dated December 15, 2011 on granting license to commercial banks, foreign bank branches and representative offices of foreign credit institutions and other foreign credit 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. 26/NH-GP dated July 3, 1996.
License No. 16/1998/GP-QLNH5 dated February 5, 1998 and other documents on approving forex services of Mizuho Bank, Ltd. – Hanoi branch ceased to be effective from the date of signing this Decision.
Le Hang