On November 30, 2018, the State Bank of Vietnam (SBV) issued Document No.9150/NHNN-TTGSNH permitting Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) to upgrade 147 of its post offices to transaction offices based upon LienVietPostBank’s request in Document No.691/2017/CV-HĐQT dated September 28, 2017, Document No.12828/LienVietPostbank dated September 28, 2018, and the accompanied dossiers.
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In the Document, the SBV also requires LienVietPostBank 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 LienVietPostBank does not inaugurate the above-mentioned transaction offices within 12 months from the date of its signing.
Le Hang