On June 9, 2021, the State Bank of Vietnam (SBV) issued Document No. 4097/NHNN-TTGSNH approving the establishment of a new branch of Post and Telecommunication Finance Company Limited (PTF).
Accordingly, the SBV Governor has approved PTF to establish one (1) additional branch, specifically as follows: Full name in Vietnamese: Công ty Tài chính trách nhiệm hữu hạn một thành viên Bưu điện – Chi nhánh Hồ Chí Minh; Abbreviated name in Vietnamese: PTF Hồ Chí Minh; Full name in English: Post and Telecommunication Finance Company Limited – Ho Chi Minh Branch; Abbreviation in English: PTF HCM; Address: Floor 3, Tower No. 27B Nguyen Dinh Chieu, Da Kao Ward, District 1, Ho Chi Minh City, Viet Nam.
In the Document, PTF is also requested to implement the necessary procedures and comply with the applicable legal regulations related to the operational networks of non-bank credit institutions in Viet Nam.
The Document will cease to be effective if PTF does not inaugurate the above-mentioned branch within 12 months from the date of its signing.
LK