The Governor of the State Bank of Vietnam (SBV) issued Decision No. 1278/QĐ-NHNN on June 16 to revise the operational coverage of the license of the Vietnam International Commercial Joint Stock Bank (VIB).
Accordingly, the SBV Governor has approved the additional operation of “ providing interest rate derivative product in line with laws and SBV regulations” to Item 8 of License No. 0060/NH-GP dated January 25, 1993 of the VIB.
The VIB 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. 0060/NH-GP dated January 25, 1993 of the VIB.
MH