Central Banking

Vietnam's Eximbank begins payments scheme

VIETNAM - The joint stock Commercial Bank for Import and Export of Vietnam, Eximbank, held on 11 October the second phase of bidding for the project "Intrabank payment system and Eximbank's applications."

This project is one of seven financed by the World Bank to modernise the State Bank of Vietnam (SBV) and six leading commercial banks.

SBV selected Eximbank, one of only two non-State commercial banks, after it had been audited by World Bank experts.

The World Bank will fund the project with US

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