On March 15th, 2018, the State Bank of Vietnam (SBV) issued Document No.1607, 1673, 1674 and 1675/NHNN-TTGSNH approving the Vietnam Bank for Agriculture and Rural Development (Agribank) to establish 04 branches and 09 transaction offices.
Specifically, Agribank is allowed to establish the following branches:
Quan Son Thanh Hoa Branch at Quan Son town, Quan Son district, Thanh Hoa province.
Muong Lat Thanh Hoa Branch at Muong Lat Town, Muong Lat district, Thanh Hoa Province.
Nam Nhun Lai Chau Branch at Nam Nhun Town, Nam Nhun district, Lai Chau Province.
Moc Hoa Long An Branch at Ca Da hamlet, Tan Thanh commune, Moc Hoa district, Long An province.
SBV Governor also approved Agribank to establish 09 transaction offices as follows:
Song Than transaction office is under the Song Than Industrial Park branch in Binh Duong province.
Dong Phong Transaction Office is under Yen Phong district branch, Bac Ninh province.
Cho Cau transaction office is under Ly Nhan district branch of Ha Nam province (on the basis of termination of Agribank - Cho Cau Ha Nam branch)
Cho Chanh transaction office is under Ly Nhan district branch of Ha Nam province (on the basis of termination of Agribank - Cho Chanh Ha Nam branch)
Nhat Tan transaction office is under Kim Bang district branch of Ha Nam province (on the basis of termination of Agribank – Nhat Tan Ha Nam branch)
Tan Son transaction office is under Kim Bang district branch of Ha Nam province (on the basis of termination of Agribank – Tan Son Ha Nam branch)
Ngoc Lu transaction office is under Binh Luc district branch of Ha Nam province (on the basis of termination of Agribank – Ngoc Lu Ha Nam branch)
Non transaction office is under Thanh Liem district branch of Ha Nam province (on the basis of termination of Agribank – Non Ha Nam branch)
Pho Ca transaction office is under Thanh Liem district branch of Ha Nam province (on the basis of termination of Agribank – Pho Ca Ha Nam branch)
SBV requires the Vietnam Bank for Agriculture and Rural Development (Agribank) 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 Agribank does not inaugurate the above – mentioned transaction office within 12 months from the date of signing.
VA