The State Bank of Vietnam (SBV) issued Documents on May 25, 2017 to permit the Bac A Joint-Stock Commercial Bank (BacABank) to open branches, specifically:
- Document No. 3879/NHNN-TTGSNH on approving BacABank to establish Ninh Binh branch as follow: Bac A Commercial Joint Stock Bank – Ninh Binh Branch, abbreviation: Bac A Bank – Ninh Binh Branch at the address: No.1059 Tran Hung Dao street, Van Giang ward, Ninh Binh city, Ninh Binh province.
- Document No.3880/NHNN-TTGSNH on approving BacABank to establish Phu Yen branch as follow: Bac A Commercial Joint Stock Bank – Phu Yen Branch, abbreviation: Bac A Bank – Phu Yen Branch at the address: No.341 Tran Hung Dao street, Ward 4, Tuy Hoa city, Phu Yen province.
- Document No.3881/NHNN-TTGSNH on approving BacABank to establish Khanh Hoa branch as follow: Bac A Commercial Joint Stock Bank – Khanh Hoa Branch; abbreviation: Bac A Bank – Khanh Hoa Branch at the address: No.98 Quang Trung street, Loc Tho ward, Nha Trang city, Khanh Hoa province.
- Document No. 3882/NHNN-TTGSNH on approving BacABank to establish Binh Duong branch as follow: Bac A Commercial Joint Stock Bank – Binh Duong Branch; abbreviation: Bac A Bank – Binh Duong Branch at the address: No.602 Cach Mang Thang Tam street, Thu Dau Mot city, Binh Duong province.
- Document No. 3883/NHNN-TTGSNH on approving BacABank to establish Vung Tau branch as follow: Bac A Commercial Joint Stock Bank – Vung Tau Branch; abbreviation: Bac A Bank – Vung Tau Branch at the address: No.68 Le Hong Phong, ward 7, Vung Tau city, Ba Ria – Vung Tau province.
The SBV required BacABank to be responsible for implementing procedures for inaugurating, registering and publicizing newly established branches in line with Circular No. 21/2013/TT-NHNN dated September 9, 2013 on operational network of commercial banks and the other applicable legal texts. The Documents will cease to be effective if the BacABank do not inaugurate the above – mentioned branches within 12 months from the date of signing.
Thoa Le