The State Bank of Vietnam (SBV) issued Decision No.1095/QD-NHNN dated May 16, 2018 to revise the License of the Maritime Joint Stock Commercial Bank (Maritime Bank).
Accordingly, the SBV Governor approved of the additional operations of “investment in Government Bond futures contracts” 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 the 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. 17/TT-NHNN dated November 20, 2017).
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