The Governor of the State Bank of Vietnam (SBV) issued Decision No.2289/QD-NHNN on October 31, 2017 to appoint service bank for Vinh Phuc Flood Risk and Water Management Project funded by the World Bank (WB).
Accordingly, the SBV Governor assigned Military Joint-Stock Commercial Bank (MB) as the serving bank for Vinh Phuc Flood Risk and Water Management Project under the Loan Agreement No.8614-VN dated March 31, 2017 signed between the representatives of the Socialist Republic of Vietnam and the WB.
The General Director of the MB is responsible for providing banking services to the above mentioned project in line with regulations of Decree No.16/2016/ND-CP dated March 16, 2016 on management and utilization of ODA and preferential credit from foreign sponsors, and the guidelines of SBV, the Ministry of Finance and the WB.
The Decision took effect from the date of signing.
Thoa Le