The State Bank of Vietnam (SBV) has issued Document No. 414/NHNN-TTGSNH on January 17th, 2018 granting the establishment of Branch in Ho Chi Minh City to CIMB Bank (Vietnam) Limited (CIMB Vietnam).
Accordingly, the SBV Governor approved the establishment of CIMB Vietnam’s branch in Ho Chi Minh City with the name and address as follows: Full name in Vietnamese: Ngân hàng TNHH MTV CIMB Việt Nam – Chi nhánh thành phố Hồ Chí Minh; Full name in English: CIMB Bank (Vietnam) Limited - Ho Chi Minh City Branch; Abbreviated in English: CIMB Vietnam – Ho Chi Minh City Branch; Address: 1st Floor, Vietnam Rubber Group Building, 177 Hai Ba Trung Street, District 3, Ho Chi Minh City.
SBV requires CIMB Vietnam to be responsible for implementing necessary procedures to inaugurate, register and publicize newly established branches in line with Circular No. 21/2013/TT-NHNN dated September 9th, 2013 on operational network of commercial banks and the other applicable legal texts.
The Document will cease to be effective if the CIMB Vietnam does not inaugurate the above – mentioned branches within 12 months from the date of signing./.
VA