SBV plans to simplify regulations for banks


Under a draft circular numerous administrative procedures related to the establishment and relocation of bank branches and transaction offices will be shortened. — VNA/VNS

HANOI: Regulations governing the operational networks of commercial banks could be significantly streamlined under a new proposal from the State Bank of Vietnam (SBV).

Under a draft circular, which is now open for public comment, numerous administrative procedures related to the establishment and relocation of bank branches and transaction offices will be shortened.

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