The Governor of the State Bank of Vietnam (SBV) issued Decisions No.1522, 1523, 1524 and 1525/NHNN-TTGSNH on approving the establishment of new branches and transaction offices of Bao Viet Joint Stock Commercial Bank (BVB).
20170315145802012BaoViet Bank
Accordingly, BVB was allowed by the Governor to open new transaction offices as followed: Kien An transaction office at 348 Tran Thanh Ngo street, Tran Thanh Ngo ward, Kien An district, Hai Phong city; Lenin transaction office at 45 Lenin Boulevard, Hung Phuc ward, Vinh city, Nghe An province; Thanh Khe transaction office at 641 Dien Bien Phu street, An Khe ward, Thanh Khe district, Da Nang city; Buon Ho transaction office at 553 Hung Vuong street, An Lac ward, Buon Ho town, Dak Lak province; EaKar transaction office at 219 Nguyen Tat Thanh street, Ea Kar town, Ea Kar district, Dak Lak province.
Meanwhile, BVB was also approved to establish new branches, specifically: Bac Ninh branch at 12A Ly Thai To street, Suoi Hoa ward, Bac Ninh city, Bac Ninh province; Binh Dinh branch at 40 Nguyen Thai Hoc street, Le Hong Phong ward, Quy Nhon city, Binh Dinh province; Thai Nguyen branch at 51 Hoang Van Thu street, Phan Dinh Phung ward, Thai Nguyen city, Thai Nguyen province.
The SBV requires BVB to comply the procedures of launching, registering, and publishing in the Official Gazette to approved branches and transaction offices in line with provision on network of Commercial Banks at Circular No.21/2013/TT-NHNN issued on September 9, 2013 and relevant regulations.
BVB has to launch the branches and transaction offices mentioned above within 12 months from the date of signing. After this deadline, the approved documents of the SBV cease to be effective.
Nguyen Giang