On August 14, 2019, the State Bank of Vietnam (SBV) issued Decision No. 1697/QD-NHNN revising the License of the Maritime Commercial Joint Stock Bank (MSB).
Accordingly, the SBV Governor approved of the supplementation to Point 8 of License No. 0001/NH-GP dated June 8, 1991 of the MSB. The additional operations are noted as follows: providing services of cash management, banking and finance consultancy; providing consultancy services in the fields of corporate finance, M&A, and investment.
The MSB is responsible for implementing the procedures in line with Paragraph 3, 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 credit institutions with banking operations in Vietnam (as amended by Circular No.17/2017/TT-NHNN dated November 20, 2017 and Circular No. 28/2018/TT-NHNN dated November 30, 2018).
This Decision took effect from the date of signing and is an integral part of License No. 0001/NH-GP dated June 8, 1991 issued by the SBV Governor for the MSB.
Le Hang