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Ho Chi Minh City
Sunday, July 21, 2024
Several commercial banks had suspended their bancassurance services as of July 1, 2024, when the 2024 Law on Credit Institutions took effect. This is attributable to the absence of clear guidelines for the regulation that prohibits banks from associating the sale of insurance policies with the provision of banking products and services in any form. The 2024 Law on Credit Institutions was passed by the National Assembly (NA) at a...

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