On February 14, 2019, the State Bank of Vietnam (SBV) issued Document No. 859/NHNN-TTGSNH permitting Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) to upgrade 05 of its post offices to transaction offices in the provinces of Ninh Binh and Thai Binh.
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