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foreign bank branches

Credit institutions to provide customer information to tax authorities

Credit institutions to provide customer information to tax authorities

The State Bank of Viet Nam (SBV) has issued an official letter to credit institutions and foreign bank branches on information provision and coordination with tax administration agencies.
Credit institutes must raise charter capital, forex exchange services tightened

Credit institutes must raise charter capital, forex exchange services tightened

Credit institutes, with the exceptions of local credit institutes, which have been licensed must meet the required charter capital before the date Decision 86 takes effect, which has been set on January 15 next year.
SBV set to rank local banks, credit institutions

SBV set to rank local banks, credit institutions

The State Bank of Viet Nam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.
Foreign currency lending extended into 2019

Foreign currency lending extended into 2019

The State Bank of Viet Nam (SBV) has issued a circular to allow credit institutions and foreign bank branches to extend loans in foreign currencies to some borrowers in 2019, rather than cutting them off at the end of last...
Central bank sets new rules for foreign currency lending

Central bank sets new rules for foreign currency lending

The Governor of the State Bank of Viet Nam (SBV) issued Circular No 29/2013/TT-NHNN on lending in foreign currency by credit institutions and foreign bank branches to resident borrowers on 6 December 2013.