The Governor of the State Bank of Vietnam (SBV) issued Decision No. 925/QĐ-NHNN on April 27, 2016 to allow Vietnam International Leasing Company (VILC) to provide additional services written in the VILC’s License of the establishment and operation.
Accordingly, the SBV Governor approved the additional operations of “g) Lending additional working capital to finance lessee" to Item 2 Article 3 License No. 117/GP-NHNN issued by SBV Governor on the establishment and operation of wholly-owned foreign bank dated April 24, 2008 of Vietnam International Leasing Company.
VILC is responsible for complying with Item 4 of Article 29 of the Law on Credit Institutions and deploying the mentioned-above additional operations in line with SBV’s guidance and applicable laws.
Decision No. 925/QĐ-NHNN took effect on the date of signing and is an integral part of License No. 117/GP-NHNN issued by the SBV Governor for Vietnam International Leasing Company.
Nguyen Giang