On March 9, 2020, the State Bank of Vietnam (SBV) issued Document No.1495/NHNN-TTGSNH on the establishment of an Administrative Unit of Shinhan Vietnam Finance Company Limited (SVFC).
Accordingly, the SBV Governor has approved the request for the establishment of Shinhan Vietnam Finance Company Limited – Ha Noi Administrative Unit. The Unit is located at 19th Floor Block B, Song Da Building, Pham Hung street, My Dinh 1 ward, Nam Tu Liem district, Hanoi.
The SVFC is responsible for implementing the procedures and complying with the 2010 Law on Credit Institutions (as amended and supplemented in 2017) and Circular No. 53/2018/TT-NHNN dated December, 2018 on the operational networks of non-bank credit institutions.
The Document will cease to be valid if the SVFC does not inaugurate the above-mentioned Unit within 12 months from the date of its signing.
Le Hang