The Governor of the State Bank of Vietnam issued Document No.1700/QĐ-NHNN dated August 9, 2017 on revising License of the Sumitomo Mitsui Banking Corporation – Hochiminh City Branch.
20170814154402961Sumitomo
Accordingly, the SBV Governor has approved to revise Item 2 Article 3 of the License No.1855/GP-NHNN dated December 20, 2005 by the SBV Governor for Sumitomo Mitsui Banking Corporation – Hochiminh City Branch and rewrite it as follow: “providing the foreign exchange business and services in the domestic and international market in line with the SBV’s regulations";
Sumitomo Mitsui Banking Corporation – Hochiminh City Branch is responsible for implementing the above-revised substances in accordance with laws on foreign exchange activities and relevant laws. Concurrently, Sumitomo Mitsui Banking Corporation – Hochiminh City Branch must comply 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).
This Decision takes effect from the date of signing and is an integral part of License No. 1855/GP-NHNN dated December 20, 2005 by the SBV Governor for Sumitomo Mitsui Banking Corporation – Hochiminh City Branch.
Additionally, certification on confirming the registration of providing foreign exchange services No. 6287/NHNN-TTGSNH dated October 1, 2012 and other approval documents on foreign exchange services granted previously by the SBV for Sumitomo Mitsui Banking Corporation – Hochiminh City Branch cease to be effect from the dated of signing Decision No.1700/QĐ-NHNN.
Thoa Le