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Singaporean bank to open office in Vietnam

VNA - The State Bank of Vietnam (SBV) on April 13 licensed the N M Rothschild & Sons ( Singapore ) Limited to open a representative office in Hanoi .

Under the licence, N M Rothschild & Sons (Singapore) Limited, Hanoi Representative Office will function as a contact office which aims to make market researches and promote the bank’s projects in Vietnam.

It will supervise the implementation of the bank’s contracts and agreements with Vietnamese credit organisations and businesses.

The N M Rothschild & Sons (Singapore) Limited is required to complete necessary procedures for the office opening within 12 months since the licence took effect on April 13./.

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