The State Bank of Vietnam (SBV) has issued License No. 65/GP- NHNN permitting Hiroshima Bank, Ltd., a Japanese bank with its headquarters in Hiroshima, Japan, to establish its representative office in Hanoi.
Accordingly, Hiroshima Bank, Ltd. Hanoi City Representative Office is allowed to operate for a maximum duration of 5 years with the following operations: functioning as a liaison office; conducting market researches; preparing plans for the investment projects of Hiroshima Bank, Ltd. in Vietnam; promoting and monitoring the implementation of contracts and agreements signed between Hiroshima Bank, Ltd. and Vietnamese credit institutions and/or enterprises, and projects financed by Hiroshima Bank, Ltd. in Vietnam; other operations in conformity with Vietnamese laws.
During its operations, Hiroshima Bank, Ltd. Hanoi City Representative Office is required to comply with Vietnam’s applicable laws. This License took effect from the date of signing (July 8th, 2019).
Le Hang