DOSSIERS FOR APPROVAL OF CHANGES OF COMMERCIAL BANKS MAY BE SUBMITTED AT THE SINGLE-WINDOW SECTION
The Circular No. 06/2022/TT-NHNN amending and supplementing a number of articles of the Circular No. 50/2018/TT-NHNN dated December 31, 2018 of the Governor of the State Bank of Vietnam prescribing dossiers, order and procedures for approving changes of commercial banks and foreign bank branches is issued on June 30, 2022 by the State Bank of Vietnam.
Accordingly, a dossier of request for approval of changes of a commercial bank or foreign bank branch shall be submitted directly at the Single-window section or sent by post to the State Bank of Vietnam or an authorized provincial-level branch of the State Bank of Vietnam.
Also in accordance with this Circular, within 7 working days after receiving the Banking Supervision Agency’s written request, the State Bank branch of province or city where the commercial bank’s head office is expected to be located shall inspect the satisfaction of all conditions for a head office of the commercial bank or foreign bank branch expected to be located in the locality; send opinions in writing to the Banking Supervision Agency.
This Circular takes effect on August 15, 2022.
