The Governor of the State Bank of Vietnam (SBV) issued Decision No. 484/QĐ-NHNN on April 10 to appoint the Vietnam Joint – Stock Commercial Bank for Industry and Trade (Vietinbank) as the service bank for the Second Lower Secondary Education for the Most Disadvantaged Areas Project under Credit Agreement No. 3201-VIE (SF) signed between the Socialist Republic of Vietnam and the Asian Development Bank (ADB) on January 23, 2015.
Under this Decision, the General Director of the Vietinbank is responsible for providing banking services to the project in line with Decree No. 38/2013/NĐ-CP on management and utilization of official development assistance (ODA) and the guidelines of SBV, the Ministry of Finance and the ADB.
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