The State Bank of Vietnam (SBV) issued Document No. 1384/NHNN-TTGSNH on March 7, 2018 permitting Vietnam Maritime Commercial Joint-stock Bank (MSB) to establish nine transaction offices in the provinces of Binh Duong, Dong Hoi, Bac Giang, Binh Dinh, Long An, Ninh Binh, Thua Thien Hue and Tien Giang.
The MSB is responsible for implementing procedures of inauguration and publicizing newly-established transaction offices in line with Circular No. 21/2013/TT-NHNN dated September 9, 2013 stipulating operational network of commercial banks and other relevant regulations.
Within 12 months from the date of signing this Document, MSB is required to inaugurate the above mentioned transaction offices. If these transaction offices are not inaugurated as scheduled, the Document will cease to be effective.
Le Hang