The State Bank of Vietnam (SBV) issued Decision No. 2275/QĐ-NHNN on October 30th, 2017 to revise License of KEXIM Vietnam Leasing Company Limited (KEXIM VLC)
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Accordingly, the SBV Governor approved the revision of Point 2 of Operation License No.02/GP-CTCTTC issued by SBV on November 20th, 1996 granted to KEXIM Vietnam Leasing Company Limited as follows: “Trading and providing foreign exchange services in the domestic and international market within the scope stipulated by the SBV”.
KEXIM VLC is responsible for: (i) Providing the mentioned-above services in compliance with applicable laws and other relevant regulations; (ii) Implementing procedures in line with Item 3 of Article 18b of Circular No. 40/2011/TT-NHNN dated December 15th, 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 30th, 2015).
The Governor of State Bank of Vietnam assigned the Banking Supervision Agency (particularly: Banking Supervision Agency – Hochiminh city Office) to oversee KEXIM VLC's implementation of the above responsibilities.
This Decision took effect from the date of signing and is an integral part of Operation License No.02/GP-CTCTTC issued by on November 20th, 1996 granted to KEXIM Vietnam Leasing Company Limited.
Decision No.763/QĐ-NHNN dated July 14th, 2003 approved by SBV Governor on the issuance of Operation License to KEXIM Vietnam Leasing Company Limited and Document No.2582/NHNN-CNH dated March 27th, 2007 regarding the proposal of KEXIM Vietnam Leasing Company Limited on lending working capital in foreign currency ceased to be effective from the date of signing this Decision.
VA