On May 19, 2021, the Director of the State Bank of Vietnam (SBV) Hanoi branch issued Decision No. 294/QD.HAN.TTGS2 amending and supplementing the License on Establishment of Representative Office of the Busan Bank Co., Ltd (Busan Bank) in Hanoi.
Accordingly, the Director of the SBV Hanoi branch approved the amendment and supplement of the substances in the License on Establishment of representative office of a foreign bank in Vietnam No. 110/GP-NHNN dated May 24, 2011 issued by the SBV Governor granted to Busan Bank, to read as follows:
Extension of operation duration of Busan Bank Co., Ltd - Hanoi Representative Office. The extension period is: 05 years from May 24, 2021.
This Decision is an integral part of License on Establishment of representative office of a foreign bank in Vietnam No. 110/GP-NHNN dated May 24, 2011 issued by the SBV Governor granted to Busan Bank.
VA