Establishment license of Shinhan Bank – HCM City branch revoked

13-Jun-2014 Intellasia | Gafin.vn | 6:00 AM Print This Post

On June 6, 2014, the State Bank of Vietnam (SBV) issued Decision No. 1151/QD-NHNN on establishment license revocation of Shinhan Bank – HCM City branch.

Accordingly, the Governor of the central bank decided to withdraw the permit for branch establishment of foreign bank No. 17/NH-GP dated May 25, 1995 to Shinhan Bank – HCM City branch.

This Decision takes effect from the date of signing.

 


Category: Finance

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