On January 27, 2022, the State Bank of Vietnam (SBV) issued Document No. 501/NHNN-TTGSNH allowing Bac A Joint Stock Commercial Bank (BAC A BANK) to establish new branches.
Accordingly, the SBV Governor has approved of BAC A BANK's request to establish two (02) additional branches:
1. BAC A BANK - Phu Tho Branch
Full name in Vietnamese: Ngân hàng Thương mại cổ phần Bắc Á – Chi nhánh Phú Thọ; Abbreviated name in Vietnamese: Ngân hàng Bắc Á – Chi nhánh Phú Thọ; Full name in English: Bac A Commercial Joint Stock Bank – Phu Tho Branch; Abbreviated name in English: BAC A BANK – Phu Tho Branch; Address: No. 1610 Hung Vuong Street, Tien Cat Ward, Viet Tri City, Phu Tho Province.
2. BAC A BANK – Son Tay Branch
Full name in Vietnamese: Ngân hàng Thương mại cổ phần Bắc Á – Chi nhánh Sơn Tây; Abbreviated name in Vietnamese: Ngân hàng Bắc Á – Chi nhánh Sơn Tây; Full name in English: Bac A Commercial Joint Stock Bank – Son Tay Branch; Abbreviated name in English: BAC A BANK – Son Tay Branch; Address: No. 310 Chua Thong Street, Phu Thinh Ward, Son Tay Town, Ha Noi City.
BAC A BANK is requested to take responsibilities for implementing the necessary procedures to inaugurate, register and publicize the newly established branches in line with Circular No. 21/2013/TT-NHNN dated September 09, 2013 issued by the SBV Governor on the operational networks of commercial banks (as amended and supplemented), and the other applicable provisions of law.
The Document will cease to be valid if BAC A BANK does not inaugurate the above-mentioned branches within 12 months from the date of its signing.
LK