On December 12th, 2017, the State Bank of Vietnam (SBV) issued Document No. 10082/NHNN-TTGSNH approving the organizational structure, management and administration of SinoPac Bank - Ho Chi Minh City Branch.
Accordingly, the SBV Governor approved the organizational structure, management and administration of SinoPac Bank - Ho Chi Minh City Branch as stated in the report and proposal of SinoPac Bank - Ho Chi Minh City Branch in Document No. BSP/20171129/BOD-01 dated November 29th, 2017.
The written approval stated that SinoPac Bank - Ho Chi Minh City Branch is required to report to the SBV Governor if there is a change in the approved organizational structure, management and administration (through the agency responsible for Banking Inspection and Supervision). SinoPac Bank - Ho Chi Minh City Branch shall commit and take responsibility for the organizational structure, management and administration of the branch (including the internal control system and the internal audit), ensuring compliance with the provisions of the law of Vietnam and the law of Chinese Taipei, where SinoPac Bank head office is located.
VA