The State Bank of Vietnam (SBV) has released a list of 33 commercial banks that are able to provide bank guarantees for future built property projects.
There are 25 local commercial banks, including well-known names such as Vietcombank, VietinBank, BIDV, Agribank, Techcombank, SeABank, PVComBank, LienVietPostBank, NCB, and HDBank.
They are joined by nine foreign banks: ANZ Vietnam, HSBC Vietnam, Hong Leong Vietnam, Shinhan Vietnam, Standard Chartered, Indovina Bank, VID Public Bank, Vietnam – Russia Bank, and Viet – Thai VinasiamBank.
Sacombank, Eximbank, VIB, and OCB are surprisingly not on the list.
The necessity to secure a guarantee from a financial institution for future built property projects comes under Circular No. 07/2015 from the SBV.
|
Order |
Name of Commercial Bank |
Order |
Name of Commercial Bank |
|
1 |
Agribank |
18 |
VPBank |
|
2 |
Vietcombank |
19 |
Techcombank |
|
3 |
Vietinbank |
20 |
Maritime Bank |
|
4 |
BIDV |
21 |
SeABank |
|
5 |
ABBank |
22 |
National Citizen Bank |
|
6 |
LienVietPostBank |
23 |
BacABank |
|
7 |
ACB |
24 |
Saigon-Hanoi Bank |
|
8 |
PGBank |
25 |
ANZ Vietnam |
|
9 |
PVcomBank |
26 |
Hong Leong Vietnam |
|
10 |
SaiGon Bank |
27 |
HSBC Vietnam |
|
11 |
TPBank |
28 |
Shinhan Vietnam |
|
12 |
VietA Bank |
29 |
Standard Chartered |
|
13 |
VietBank |
30 |
Indovina Bank Limited |
|
14 |
BaoViet Bank |
31 |
VID Public Bank |
|
15 |
Viet Capital Bank |
32 |
Vietnam – Russia Joint Venture Bank |
|
16 |
MBBank |
33 |
VIET – THAI VinasiamBank |
|
17 |
HDBank |
http://en.vietnamplus.vn/vietnam-laos-cambodia-myanmar-share-budget-overseeing-experience/80325.vnp (150820)
