On March 21st, 2019, the State Bank of Vietnam (SBV) issued Decision No. 447/QD-NHNN supplementing the Operation License for the Bangkok Bank Public Company Limited - Hanoi Branch.
Accordingly, the SBV Governor approved the supplementation of the operation of “Trading and providing interest derivative products” to the operations listed in Article 5 of the Operation License for a foreign bank’s branch No. 48/ GP-NHNN dated March 6th, 2009 issued by the SBV Governor granted to Bangkok Bank Public Company Limited - Hanoi Branch.
Bangkok Bank Public Company Limited - Hanoi Branch 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).
This Decision takes effect from the date of signing and is an integral part of License No. 48/ GP-NHNN dated March 6th, 2009 issued by the SBV Governor granted to Bangkok Bank Public Company Limited - Hanoi Branch.
VA