On March 9, 2021, the State Bank of Vietnam (SBV) issued Decision No. 275/QD-NHNN on the supplementation of an operation in the License on the Establishment and Operations of Tien Phong Commercial Joint Stock Bank (TPBank).
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Accordingly, the SBV Governor has approved to supplement an operation at the end of Point d, Clause 2, Article 3 of the License on the Establishment and Operations No. 123/GP-NHNN dated May 5, 2008, issued by the SBV Governor to TPBank, to read as follows “Providing commodity derivatives”.
TPBank is responsible for implementing the procedures for the above-mentioned supplementation in line with Paragraph 3 of 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 institutions with banking operations in Vietnam (as amended and supplemented by Circular No. 17/2017/TT-NHNN dated November 20, 2017).
This Decision took effect from the date of signing and is an integral part of License on the Establishment and Operations No. 123/GP-NHNN dated May 5, 2008, issued by the SBV Governor to TPBank.
VA