On December 7th, 2018, the State Bank of Vietnam (SBV) issued Document No. 9371/NHNN-TTGSNH approving conditions for the establishment of Hanoi Branch of United Overseas Bank (Vietnam) Limited – UOB Vietnam.
Accordingly, the SBV Governor approved the establishment of UOB Vietnam Hanoi Branch with the name and address to read as follows:
Full-name in Vietnamese: Ngân hàng TNHH MTV United Overseas Bank (Việt Nam) - Chi nhánh Hà Nội;
Full-name in English: United Overseas Bank (Vietnam) Limited – Hanoi Branch;
Abbreviation in English: UOB Vietnam – Hanoi Branch;
Location: Lot 01-08 and Lot M-02A, Pan Pacific Hanoi, No. 1 Thanh Nien Street, Truc Bach Ward, Ba Dinh District, Hanoi.
UOB Vietnam is required to take responsibility for implementing the necessary procedures to inaugurate, register and publicize the newly established above-mentioned branch in line with Circular No. 21/2013/TT-NHNN dated September 9th, 2013 of the Governor of the SBV stipulating the operational networks of the commercial banks and other applicable legal regulations.
The Document will cease to be valid in case UOB Vietnam does not inaugurate the above –mentioned branch within 12 months from the date of signing.
VA