On August 28, 2019, the Governor of the State Bank of Vietnam (SBV) issued Document No. 6758/NHNN-TTGSNH adopting the request for establishing three representative offices of MB Shinsei Finance Limited Liability Company (MB Shinsei).
Accordingly, the SBV Governor approved MB Shinsei to establish three representative offices in Can Tho, Da Nang and Hai Phong.
MB Shinsei is responsible for implementing the procedures and complying with the Law on Credit Institutions, and Circular No. 53/2018/TT-NHNN dated December 31, 2018 stipulating the operational networks of non-bank credit institutions.
The Document will cease to be valid if MB Shinsei does not inaugurate the above-mentioned representative offices within 12 months from the date of its signing.
Le Hang