Cut 12 administrative procedures in the banking sector

Illustration photo.

Notably, the requirement for major shareholders to carry out approval procedures for buying, selling, and transferring shares is abolished to help reduce time and costs, and facilitate the administrative procedures for major shareholders when buying, selling, and transferring shares. At the same time, the procedures for converting the Central People's Credit Fund and the procedures for establishing and granting licenses to establish cooperative banks are abolished, etc.

Source: https://baotuyenquang.com.vn/cat-giam-12-thu-tuc-hanh-chinh-thuoc-linh-vuc-ngan-hang-191772.html