The Global Petrol Commercial Joint Stock Bank (GP Bank) on September 30 received the approval from the State Bank of Viet Nam (SBV)'s governor to provide foreign exchange service whereby the bank would supply following services:
-Providing foreign exchange services with models of prompt transaction, term transaction, interchange, option right, future contract and other foreign exchange services under the international norm.
-Mobilising capital and lending and guarantee services in foreign currency under the SBV's regulations.
-Issuing international cards.
-Supplying domestic and foreign money delivery and payment services.
-Discount and rediscount of valuable papers in foreign currency.
-Assigning other credit institutions and economic organisations to be agents of foreign exchange supply.
-Providing mandate services and asset management in foreign currency.
-Providing investment bank service in foreign currency.
-Providing consultancy service on foreign exchange to customers.
-Providing other foreign exchange service in accordance with the international norm and Vietnam's law.
GP Bank licensed to supply foreign exchange service
Posted: Thursday, October 02, 2008Catalogues: Bank Shares , GP Bank
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