The Governor of the State Bank of Vietnam (SBV) issued Decision No. 2578/QĐ-NHNN on December 16 to extend the operational coverage of the license of the Sai Gon Bank for Industry and Trade (SaiGonBank).
Accordingly, the SBV Governor has approved the additional operation of “debt purchasing” to Item 8 of License No. 0034/NH-GP dated May 4, 1993.
The SaiGonBank is responsible for implementing procedures in accordance with Item 4 of Article 29 of Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of License No. 0034/NH-GP dated May 4, 1993.
DH