The Governor of the State Bank of Vietnam (SBV) issued Decision No.970/QĐ-NHNN on May 15, 2017 to allow CIMB Vietnam Bank Limited to provide additional services.
Accordingly, the SBV Governor allows CIMB Vietnam Bank Limited to provide “foreign exchange business and services in the domestic and international market in line with the SBV’s regulations" and add new service to Article 17 Item 4 of License No. 61/GP-NHNN dated August 31, 2016 of the CIMB Vietnam.
CIMB Vietnam is responsible for implementing the above-revised substances in accordance with laws on foreign exchange activities and relevant laws; complying with legal procedures stipulated in Item 3, Article 18b of Circular No.40/2011/TT-NHNN dated December 15, 2011 issued by SBV Governor on granting license and organization, performance of commercial banks, branches of foreign banks, representative offices of foreign credit institutions and other foreign organizations having banking operations in Vietnam (revised and supplemented by Circular No 08/2015/TT-NHNN) to implement the mentioned above content of revision.
This Decision took effect on the date of signing and is integral parts of License No. 61/GP-NHNN dated August 31, 2016 issued by the SBV Governor for CIMB Vietnam.
Thoa Le