ID :
38138
Tue, 12/30/2008 - 22:31
Auther :
Shortlink :
https://oananews.org//node/38138
The shortlink copeid
Two more foreign banks licensed in Vietnam
Ha Noi (VNA) - The State Bank of Viet Nam , on Dec. 29, licensed two foreign
banks to set up their wholly foreign-invested banks in Vietnam .
The Republic of Korea 's Shinhan Vietnam Bank with a charter capital of 1.67
trillion VND, and Malaysia 's Hong Leong Vietnam Bank with 1 trillion VND, will
operate in the form of one-member limited liability banks.
They will perform professional operations in capital mobilisation, credit, payment
and funding.
Foreign currency services will be offered once they are permitted by the State Bank
of Vietnam.-Enditem
banks to set up their wholly foreign-invested banks in Vietnam .
The Republic of Korea 's Shinhan Vietnam Bank with a charter capital of 1.67
trillion VND, and Malaysia 's Hong Leong Vietnam Bank with 1 trillion VND, will
operate in the form of one-member limited liability banks.
They will perform professional operations in capital mobilisation, credit, payment
and funding.
Foreign currency services will be offered once they are permitted by the State Bank
of Vietnam.-Enditem
