Incombank definition
Incombank mean the State-owned commercial bank established and operating pursuant to: the Statute of the Industrial and Commercial Bank of Vietnam issued under Decision No. 285/QD– NH5 of the State Bank of Vietnam dated September 21, 1996; and its charter which was approved under Decision No. 1325/QD-NHNN of the State Bank of Vietnam, dated November 28, 2002, and any successor thereto.
Examples of Incombank in a sentence
The following is specified as an additional matter, within the meaning of Section 12.02 (b) of the General Conditions, to be included in the opinion or opinions to be furnished to the Association, namely, that the Implementation and Onlending Agreements shall have been duly authorized or ratified by the Borrower and Incombank, Maritimebank, Vietcombank, Eximbank, Agribank and BIDV, respectively, and are legally binding upon the parties thereto in accordance with their terms.