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Taipei Fubon Branch In Vietnam Gets OK To Provide Forex Services



HANOI -(Dow Jones)- The State Bank of Vietnam, the country's central bank, said Tuesday it has allowed Taipei Fubon Bank's branch in Ho Chi Minh City to provide foreign exchange services in the domestic market.

The branch will be permitted to provide a wide range of foreign exchange services to clients, including raising and lending funds, transmitting funds, and underwriting and managing foreign exchange assets, the central bank said in a statement.

-By Vu Trong Khanh, Dow Jones Newswires; 844 35123042; trong-khanh.vu@ dowjones.com


  (END) Dow Jones Newswires
  11-24-090202ET
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