On October 16, 2018 the State Bank of Vietnam (SBV) issued Decision No.2013/QD-NHNN revising the License of the Asia Joint-stock Commercial Bank (ACB).
Accordingly, the SBV Governor approved the additional operation of “E-wallets” to Article 4 of License No. 91/GP-NHNN dated September 19, 2018 for the ACB.
The ACB is responsible for implementing the additional operation in compliance with the 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.08/2015/TT-NHNN dated June 30, 2015).
This Decision took effect from the date of signing and is an integral part of License No.91/GP-NHNN dated September 19, 2018 for the ACB.
Le Hang