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VIETNAM: JOINT STOCK COMMERCIAL BANKS ALLOWED TO ESTABLISH REMITTANCE COMPANIES.(Brief Article)

From: IPR Strategic Business Information Database  |  Date: 8/27/2003

According to ?VoV?, Joint stock commercial banks are now allowed to establish remittance companies, the State Bank of Vietnam announced. According to the regulations issued by the State Bank on Aug. 18, joint stock commercial banks that have been operational for at least three years may set up remittance companies. ...

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