Qatar National Bank Allowed To Establish Representative Office In Saigon City

Theo nguồn tin trên trang mạng Vietnam Central Bank

The Governor of the State Bank of Vietnam (SBV) issued License No. 66/GP-NHNN on September 22 to allow the Qatar National Bank to establish its representative (rep.) office with operational duration of five years in Ho Chi Minh City (HCMC).
Accordingly, the rep. office will function as a liaison entity to make market research and promotion of investment projects of the Qatar National Bank in Vietnam. It will also promote and monitor the implementation of the contracts and agreements signed between the Qatar National Bank and credit institutions and businesses, and the Qatar National Bank – financed projects in Vietnam. Moreover, it will conduct other operations in accordance with law.

The Licence took effect on the date of signing.


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