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Home / Economy / Banking & Finance
SBV permits to establish Australian representative bank
By Tuan Minh 17:12, 2014/07/17
The Governor of the State Bank of Vietnam (SBV) has issued a license authorising National Australia Bank (NAB) to establish a representative office in Hanoi.

In accordance with SBV regulations, the NAB license allows it to carry out a wide variety of non-profit trade promotion activities within the constraints of the Law for a period of five years.

One of the key functions of the representative office will be to monitor the progress of its funded projects in Vietnam. The NAB main headquarters is located at level 1, 800 Bourke street, Docklands Vic 3008, Australia. 

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