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SBV revises License of Kookmin Bank – HCMC branch
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The State Bank of Vietnam (SBV) issued Decision No.1942/QĐ-NHNN on September 19, 2017 to revise License of Kookmin Bank – HCMC branch.

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Accordingly, the SBV Governor approved the additional operations of “participating in biding, purchasing and selling Government bonds in money market; purchasing, selling Government bonds” to Article 5 of License No. 21/GP-NHNN dated January 19, 2011 for Kookmin Bank – HCMC branch.

Kookmin Bank – HCMC branch is responsible for implementing procedures in line with Item 3 of Article 18 of Circular No. 40/2011/TT-NHNN dated December 15, 2011 on granting license to commercial banks, foreign bank branches and representative offices of foreign credit institutions and other foreign credit institutions with banking operations in Vietnam (as revised by Circular No. 08/2015/TT-NHNN dated June 30, 2015).

This Decision took effect from the date of signing and is an integral part of License No. 21/GP-NHNN dated January 19, 2011 for Kookmin Bank – HCMC branch.

Le Hang

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