Which are international financial institutions regarding banking activities in Vietnam?

Which are international financial institutions regarding banking activities in Vietnam?

Hello Lawnet. Please help me with following question related to regulations on limits and prudential ratios in banking sector. Which are international financial institutions regarding banking activities in Vietnam?

Thank you!

Pursuant to Clause 8 Article 3 of the Circular 22/2019/TT-NHNN (takes effect from 01/01/2020), International financial institutions include:

- International Bank for Reconstruction and Development (IBRD), International Financial Company (IFC), International Development Association (IDA), Multilateral Investment Guarantee Agency (MIGA);

- Asian Development Bank (ADB);

- African Development Bank (AfDB);

- European Bank for Reconstruction and Development (EBRD);

- Inter-American Development Bank (IADB);

- European Investment Bank (EIB);

- European Investment Fund (EIF);

- Nordic Investment Bank (NIB);

- Caribbean Development Bank (CDB);

- Islamic Development Bank (IDB);

- Council of Europe Development Bank (CEDB);

- Other international financial institutions whose charter capital is contributed by governments.

Above are regulations on international financial institutions regarding banking activities in Vietnam.

Best regards!

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