On August 05, 2022, the State Bank of Vietnam (SBV) issued Document No. 5428/NHNN-TTGSNH allowing Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to establish additionally three (03) branches and nine (09) transaction offices.
Specifically, VPBank is allowed to establish three new branches, namely:
1, VPBank – Thanh Tri Branch, located at the Railway Station Area, Van Dien Town, Thanh Tri District, Hanoi;
2, VPBank – Hoai Duc Branch, located at Area No. 6, Tram Troi Town, Hoai Duc District, Hanoi;
3, VPBank – Hai Van Branch, located at No. 190 Dien Bien Phu, Hoa Khe Ward, Thanh Khe District, Da Nang City.
In addition, VPBank is also allowed to establish nine new branches, specifically as follows:
1, VPBank – Soc Son Transaction Office in Soc Son Town, Soc Son District, Hanoi;
2, VPBank – Chuong My Transaction Office in Xuan Mai Town, Chuong My District, Hanoi;
3, VPBank – Thach That Transaction Office in Binh Phu Town, Thach That District, Hanoi;
4, VPBank – Tan Uyen Transaction Office in Uyen Hung Ward, Tan Uyen Town, Binh Duong Province;
5, VPBank – Que Vo Transaction Office in Pho Moi Town, Que Vo District, Bac Ninh Province;
6, VPBank – Xuyen Moc Transaction Office in Phuoc Buu Town, Xuyen Moc District, Ba Ria – Vung Tau Province;
7, VPBank – Nhon Hoi Transaction Office in Nhon Phuoc Commune, Quy Nhon City, Binh Dinh Province;
8, VPBank – Chi Linh Transaction Office in Sao Do Ward, Chi Linh City, Hai Duong Province;
9, VPBank – Duc Trong Transaction Office in Lien Nghia Town, Duc Trong District, Lam Dong Province.
Also in the Document, VPBank is requested to take responsibility for implementing the procedures to inaugurate, register and publicize the newly established branches and transaction offices 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 VPBank does not inaugurate the above-mentioned branches and transaction offices within 12 months from the date of its signing.
LK