The Governor of the State Bank of Vietnam (SBV) issued Decision No. 2128/QĐ-NHNN on October 10 to appoint the Maritime Commercial Joint-Stock Bank (Maritime Bank) as the service bank for the Vietnam – Partnership for Market Readiness Project Implementation Phase under Grant Agreement No.TF0A2914 signed between the Socialist Republic of Vietnam and the World Bank on August 20, 2017.
Under this Decision, the General Director of the Maritime Bank is responsible for providing banking services to the project in line with Decree No. 16/2016/NĐ-CP dated March 16, 2016 on management and utilization of official development assistance (ODA) and concessional loans from donors, and the guidelines of SBV, the Ministry of Finance and the WB.
The Decision took effect from the date of signing.
Le Hang