The State Bank of Vietnam (SBV) issued Decision No. 2607/QĐ-NHNN on April 17th, 2018 amending and supplementing the Operation License of a foreign bank branch of the Deutsche Bank AG – Hochiminh City Branch.
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Accordingly, the SBV Governor allowed the Deutsche Bank AG – Hochiminh City Branch to move its headquarters to the new venue: “Room 1001, 10th Floor, Deutsches Haus Building Ho Chi Minh City, 33 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City”. At the same time, Deutsche Bank AG – Hochiminh City Branch is allowed to revising the transaction address content mentioned in Article 1 of the License No. 20/NH-GP dated June 28th, 1995 as follows: “Room 1001, 10th Floor, Deutsches Haus Building Ho Chi Minh City, 33 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City”.
Deutsche Bank AG – Hochiminh City Branch is responsible for meeting all requirements in Paragraph 3 of Article 23 of Circular No. 40/2011/TT-NHNN dated December 15, 2011 on granting licenses to commercial banks, foreign bank branches, representative offices of foreign banks, and other international institutions with banking operations in Vietnam; implementing procedures of registering, publicizing its new address in line with Paragraph 4 of Article 29 of the Law on Credit Institutions 2010.
This Decision took effect from the date of signing. This Decision replaces Decision 1035/QĐ-NHNN dated May 27th, 2014 and is an integral part of License No. 20/NH-GP dated June 28th, 1995 of the SBV Governor for the Deutsche Bank AG – Hochiminh City Branch.
VA