Home Finance

NAB opens branch office in Ha Noi

Jul 18th at 10:10
18-07-2014 10:10:34+07:00

NAB opens branch office in Ha Noi

State Bank of Viet Nam Governor Nguyen Van Binh on July 15 granted a licence to the National Australia Bank Limited (NAB) to open its branch office in Ha Noi.

According to the licence No 56/GP-NHNN, the bank, which has its headquarters in Docklands VIC, Australia, has a five-year work licence from the date of issue.

Accordingly, the bank's branch office will be the contact office, and will do market research and promote the bank's investment projects in Viet Nam. It will also oversee and monitor the contracts between the bank and Vietnamese credit institutions and enterprises as well as its funded projects in the country.

bizhub

MOST READ

NEWS SAME CATEGORY

Vietnamese banks on track for listings
FINANCE Jul 17th at 14:34

Vietnamese banks on track for listings

A majority of Viet Nam's commercial banks are planning to list on one of the two national indices by 2015, according to HCM City Stock Exchange deputy general...

Vietnamese banks on track for listings
FINANCE Jul 17th at 14:30

Vietnamese banks on track for listings

A majority of Viet Nam's commercial banks are planning to list on one of the two national indices by 2015, according to HCM City Stock Exchange deputy general...

SBV increases dollar purchase rate
FINANCE Jul 17th at 08:31

SBV increases dollar purchase rate

 The State Bank of Viet Nam has announced that it has started buying the US dollar for an additional VND100 as of July 16.

BIDV transfers stakes to Malaysian bank
FINANCE Jul 17th at 08:28

BIDV transfers stakes to Malaysian bank

The Bank for Investment and Development of Viet Nam (BIDV) will transfer its 50 per cent stake at the VID Public Bank to Malaysia's Public Bank Berhad.

SBV drafts new rules for banking activities
FINANCE Jul 17th at 08:26

SBV drafts new rules for banking activities

 A commercial bank must make profit for five consecutive years before it would be considered for being granted a licence to provide foreign exchange (forex)...

New State Bank regulations get tough on “tycoons” exceeding their share limit
FINANCE Jul 16th at 14:54

New State Bank regulations get tough on “tycoons” exceeding their share limit

As the State Bank of Vietnam (SBV) has threatened to impose stiff fines or punishment on bank shareholders who have share proportions higher than the permitted...

Commercial banks stand firm amid East Sea tension
FINANCE Jul 16th at 14:44

Commercial banks stand firm amid East Sea tension

The Vietnamese monetary market and bank operations have been stable over the last two months, since the day China illegally deployed its oil rig in the Vietnamese...

Hanwha Life Vietnam to increase charter capital
FINANCE Jul 16th at 10:15

Hanwha Life Vietnam to increase charter capital

Hanwha Life Vietnam is going to increase its charter capital in Viet Nam to nearly VND1.9 trillion or US$103 million – making it one of the top three life insurers...

Feedback sought on tax exemption for fizzy drinks
FINANCE Jul 16th at 10:07

Feedback sought on tax exemption for fizzy drinks

 Viet Nam's policy-making bodies may reconsider a proposal to exempt non-alcoholic carbonated drinks from the list of products subject to an excise tax rate of 10...

An Binh, Maybank connect ATM networks
FINANCE Jul 16th at 09:07

An Binh, Maybank connect ATM networks

The An Binh Joint Stock Commercial Bank and Malaysia's largest bank, Maybank, successfully connected their ATM networks on Monday.

Read More

Bank stocks

Insurance stocks

MOST READ

Back To Top