This Circular amends these regulations:
- Place of submission of applications for approval for changes in operation licenses of banks;
- Competence to approve the relocation of a foreign bank branch to a province or city other than the one where it is located;
-Time limit for approving the modification of location where headquarters of banks, foreign bank branches are located
- Application for increase in charter capital of a joint-stock commercial bank;
Accordingly, regarding competence to approve the changes in operation licenses of banks, this Circular adds the case where a foreign bank branch has to apply for approval by the Governor of the State Bank of Vietnam when its changes the location where its headquarter is located to another province/city.
This Circular takes effect from August 15th, 2022.
|Published||Vietlaw's Newsletter No. 569|