The Governor of the State Bank of Vietnam (SBV) issued Decision No. 1031/QĐ-NHNN on May 11, 2016 to extend the operational coverage of the license granted to Hanoi branch of BNP Paribas.
Accordingly, the SBV allowed Hanoi branch of BNP Paribas to provide the additional services “Debt buying” to the content under Article 4 in the Licence of establishment and operation No.05/GP-NHNN dated May 11, 2015 issued by Governor for Hanoi branch of BNP Paribas.
Hanoi branch of BNP Paribas is responsible for complying and meeting all requirements stipulated by the SBV on approved additional operations to liscense and relevant laws; and to announce the change via public media in accordance with Item 4, Article 29 in Laws on Credit Institutions.
The Decision took effect from the date of signing and is an integral part of Licence No. 05/GP-NHNN dated on May 11, 2015 issued by the SBV Governor for Hanoi branch of BNP Paribas.
Nguyen Giang