The State Bank of Vietnam (SBV) issued Documents No. 2573, 2574/NHNN-TTGSNH on approving the establishment of the Northern representative office and new branch of Shinhan Bank Vietnam Limited in Hanoi, specifically:
- Shinhan Bank Vietnam Limited – Ha Noi Branch – Ha Dong Transaction Office – Address: Ellipse Building, No.110 Tran Phu street, Ha Dong district, Hanoi.
- The Northern representative office in Hanoi – Address: 38th floor, Keangnam Building Hanoi, Pham Hung street, Me Tri ward, Nam Tu Liem district, Hanoi.
The SBV requires Shinhan Vietnam to comply the procedures of launching, registering, and publishing in the Official Gazette to approved transaction office and representative office in line with provision on network of Commercial Banks at Circular No.21/2013/TT-NHNN issued on September 9, 2013 and relevant regulations. Shinhan Vietnam 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