The Governor of the State Bank of Vietnam (SBV) issued Decision No. 2021/QĐ-NHNN on October 13 to extend the operational coverage of the license of Joint-Stock Commercial Bank for Investment and Development of Vietnam (BIDV).
Accordingly, the SBV Governor has permitted the BIDV to add operation of “debt purchasing” to Article 4 of License No. 84/GP-NHNN dated April 23, 2012.
The BIDV is responsible for meeting all the requirements and rules in accordance with Item 4 of Article 29 of the Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of License No. 84/GP-NHNN dated April 23, 2012.
TLH