The State Bank of Vietnam (SBV) issued Decision No. 2694/QD-NHNN dated December 25, 2017 to revise the License of the Maritime Joint-stock Commercial Bank (Maritime Bank).
Accordingly, the SBV Governor approved the additional operations of “participating in the bidding of the State Treasury bills, the purchase and sale of negotiable instruments, Government bonds, SBV bills and other valuable papers in the money market” to Paragraph 8 of the License No. 0001/NH-GP dated June 8, 1991 for the Maritime Bank.
The Maritime Bank is responsible for implementing the additional operations in compliance with applicable laws; implementing procedures in line with Paragraph 3 of Article 18b of Circular No. 40/2011/TT-NHNN dated December 15, 2011 on granting licenses to commercial banks, foreign bank branches and representative offices of foreign credit institutions and other foreign institutions with banking operations in Vietnam (as amended and supplemented 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 the License No. 0001/NH-GP dated June 8, 1991 for the Maritime Bank.
Le Hang