The State Bank of Vietnam (SBV) issued Documents No. 6889/NHNN-TTGSNH on August 29th, 2017 on approving the establishment of a transaction office of Orient Joint - Stock Commercial Bank (OCB).
Accordingly, SBV Governor permitted OCB to establish “Sa Dec Transaction Office - OCB Dong Thap Branch” at No. 8-10 Hung Vuong street, Ward 2, Sa Dec city, Dong Thap province.
SBV requires OCB to be responsible for implementing necessary procedures to inaugurate, register and publicize newly established transaction office in line with Circular No. 21/2013/TT-NHNN dated September 9th, 2013 on operational network of commercial banks and the other applicable legal texts.
The Document will cease to be effective if the OCB does not inaugurate the above – mentioned transaction office within 12 months from the date of signing.
VA