On April 10, 2020, the State Bank of Vietnam (SBV) issued Decision No. 689/QD-NHNN revoking the license of the representative office of the Commonwealth Bank of Australia in Hanoi.
Accordingly, the SBV Governor has decided to revoke License No. 17/VPGP3-NHNN5 dated November 16, 2000 on the establishment and operations of the representative office of the Commonwealth Bank of Australia in Hanoi.
The Commonwealth Bank of Australia is responsible for implementing the procedures for terminating the operations of the said representative office in line with the applicable laws.
This Decision took effect from the date of signing.
Le Hang