On November 14, 2018, the State Bank of Vietnam (SBV) issued Document No.8636/NHNN-TTGSNH permitting Vietnam Asia Commercial Joint Stock Bank (VietABank) to establish 04 more transaction offices in the provinces of Dong Nai, Binh Dinh, Binh Thuan and Hai Phong city.
VietABank allowed to establish additional transaction offices
On November 14, 2018, the State Bank of Vietnam (SBV) issued Document No.8636/NHNN-TTGSNH permitting Vietnam Asia Commercial Joint Stock Bank (VietABank) to establish 04 more transaction offices in the provinces of Dong Nai, Binh Dinh, Binh Thuan and Hai Phong city.
In the Document, the SBV also requires VietABank to take responsibility for implementing the procedures to inaugurate, register and publicize the newly established transaction offices in line with Circular No.21/2013/TT-NHNN dated September 9, 2013 on the operational networks of the commercial banks and the other applicable legal texts.
The Document will cease to be valid if VietABank does not inaugurate the above-mentioned transaction offices within 12 months from the date of its signing.
Le Hang