On August 24, 2022, the State Bank of Vietnam (SBV) issued Document No. 5869/NHNN-TTGSNH allowing Vietnam Technological and Commercial Joint Stock Bank (Techcombank) to establish new branches.
Specifically, Techcombank is allowed to establish two new branches, namely:
1, Techcombank – Quang Binh Branch, office address at: Lot No. 189, Map No. 40, Residential Area No. 10, Dong Phu Ward, Dong Hoi City, Quang Binh Province.
2, Techcombank – Binh Duong Branch, office address at: Ground Floor, Block D, Hiep Thanh III Apartment Building, Hiep Thanh Ward, Thu Dau Mot City, Binh Duong Province.
Also in the Document, Techcombank is requested to take responsibility for implementing the procedures to inaugurate, register and publicize the newly established branches in line with Circular No. 21/2013/TT-NHNN dated September 09, 2013 on the operational networks of commercial banks (as amended and supplemented), and the other applicable provisions of law.
The Document will cease to be valid if Techcombank does not inaugurate the above-mentioned branches within 12 months from the date of its signing.
LK