STATE BANK OF VIETNAM
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No: 3453/NHNN-TTGSHN
Ref: On collecting opinion about the Draft Circular providing for the issuance of License and organization, operation of commercial banks, foreign bank's branches, representative offices
SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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Hanoi, 29 April 2011
 
To: Credit Institutions
 

As a part of the program for building up legal documents guiding the implementation of the Law on Credit Institutions issued in 2010, the State Bank has drawn up a Draft Circular providing for the issuance of License and organization, operation of commercial banks, foreign bank's branches, representative offices of foreign credit institutions, other foreign organizations having banking operation (Draft Circular). In order to ensure that the Circular to be issued in correspondence with the real situation, the Governor of the State Bank hereby kindly requests the Good Unit: