On December 17, 2021, the State Bank of Vietnam (SBV) issued Documents No. 8888/NHNN-TTGSNH and No.8889/NHNN-TTGSNH allowing the Southeast Asia Commercial Joint Stock Bank (SeABank) to establish additional transaction offices.
Accordingly,in Document No. 8888/NHNN-TTGSNH, SeABank is allowed to establish 03 additional transaction offices in the provinces of Bac Giang, Nam Dinh, Binh Phuoc.
In Document No. 8889/NHNN-TTGSNH, SeABank is allowed to establish 03 additional transaction offices in the provinces of Vinh Phuc, An Giang and Tien Giang.
Also in the Documents, the SBV required SeABank 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 Documents will cease to be valid if SeABank does not inaugurate the above-mentioned transaction offices within 12 months from the date of its signing.
Le Hang