From 24/6, the Central Credit Fund and informal networks operated under a new name: Cooperative Bank of Vietnam nationwide abbreviated as Bank Cooperation - Co-opBank.
Specifically, the Bank for International Cooperation has chartered capital of VND 3,000 billion. Chairman is Mr. Tran Quang Khanh, the capital of the State Bank of Vietnam Cooperative and CEO is Mr. Do Manh Hung, the capital of the State Bank of Vietnam Cooperative.
As a rule, the Cooperative Bank of Vietnam is the implementation of activities, including deposit accounts, accepting deposits, savings deposits, issuance of certificates of deposit, promissory notes, bills, bonds, other valuable papers; borrowing in the money market, the implementation of the discount, rediscount, commercial mortgage and other valuable papers, participate in bidding lodge treasuries, buy, sell negotiable instruments, government bonds, Treasury bills, Treasury bills and other valuable papers on the currency market, trading, service provider of foreign exchange trading, derivatives provide student and professional implementation of other commercial banks.
In addition, the Cooperative Bank of Vietnam shall inherit and continue to perform all powers and duties, as well as the legitimate interests shall handle all exist, arising from the Fund's credit Central People accordance with the provisions of the Credit Institutions Act and the provisions of the relevant legislation.
In addition, the Cooperative Bank and its clients continue to perform the contract or transaction is entered into between the Fund Central People's Credit and Customer are valid until the expiration of the contract as agreed .
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