The State Bank of Vietnam (SBV) issued Documents No. 746/NHNN-TTGSNH on January 31st, 2018 on approving the establishment of a transaction office of Sai Gon Joint Stock Commercial Bank (SCB) in 2017.
Accordingly, SBV Governor permitted SCB to establish Nguyen Dang transaction office, as follows:
Name: Sai Gon Joint Stock Commercial Bank – Tra Vinh Branch – Nguyen Dang Transaction Office; Address: No. 86 Nguyen Dang, Ward 7, Tra Vinh City, Tra Vinh Province.
SBV requires SCB 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 SCB does not inaugurate the above – mentioned transaction office within 12 months from the date of signing.
VA