On August 31, 2022, the State Bank of Vietnam (SBV) issued Document No. 6081/NHNN-TTGSNH allowing Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to establish two (02) new branches.
Specifically, the SBV Governor has approved of VPBank’s request to establish two new branches in Ho Chi Minh City, namely:
1. VPBank - Cu Chi Branch in Cu Chi District, Ho Chi Minh City
Abbreviated name: VPBank – Cu Chi Branch;
Office address: No. 867, National Motorway No. 22, Cu Chi Town, Cu Chi District, Ho Chi Minh City.
2. VPBank - Hiep Phuoc Branch in Nha Be District, Ho Chi Minh City
Abbreviated name: VPBank – Hiep Phuoc Branch;
Office address: No. 754 Nguyen Van Tao, Hiep Phuoc Commune, Nha Be District, Ho Chi Minh City.
VPBank 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 VPBank does not inaugurate the above-mentioned branches within 12 months from the date of its signing.
LK