On May 24, 2022 the State Bank of Vietnam (SBV) issued Decision No. 921/QD-NHNN on the addition of an operation in the License of Nam A Joint Stock Commercial Bank (Nam A Bank).
Accordingly, the SBV Governor has approved of the supplementation into Point 8 of License No. 0026/NH-GP dated August 22, 1992 issued to Nam A Bank, to read as follows: “Trading, providing interest rate derivatives in line with the applicable laws and the SBV’s guidance; providing commodity derivatives”.
Nam A Bank is responsible for implementing the above-mentioned operation in compliance with the laws and the SBV’s regulations; implementing the procedures 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).
This Decision took effect from the date of signing and is an integral part of License No. 0026/NH-GP dated August 22, 1992 issued to Nam A Bank.
Le Hang