On December 18th, 2018, the State Bank of Vietnam (SBV) issued Decision No. 2336/QD-NHNN amending the Operations License of Nam A Commercial Joint Stock Bank (Nam A Bank).
Accordingly, the SBV Governor approved the amendment of Point 8 of the Operations License No. 0026/NH-GP dated August 22nd, 1992 granted for Nam A Bank, to read as follows: E-wallet; Investing in bond futures contracts.
Nam A Bank is responsible for implementing the procedures in line with Paragraph 3 of Article 18b of Circular No. 40/2011/TT-NHNN dated December 15th, 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. 17/2017/TT-NHNN dated November 20th, 2017). At the same time, the above mentioned operations shall also be conducted in accordance with the provisions of the law and the guidance of the SBV.
This Decision took effect from the date of signing and is an integral part of the License No. 0026/NH-GP dated August 22nd, 1992 granted for Nam A Bank.
VA