On May 26, 2022, the State Bank of Vietnam (SBV) issued Document No. 3514/NHNN-TTGSNH allowing Nam A Joint Stock Commercial Bank (Nam A Bank) to establish additional transaction offices.
Accordingly, Nam A Bank has been permitted to establish twenty-seven (27) additional transaction offices (3 for each province) in Quang Ninh, Nghe An, Dak Nong, Binh Thuan, Long An, Tien Giang, Dong Thap, Bac Lieu and An Giang provinces.
In the same Document, Nam A Bank is requested to be responsible for implementing the procedures to inaugurate, register and publicize the information of the newly established transaction offices in line with Circular No.21/2013/TT-NHNN dated September 9, 2013 of the SBV on the operational networks of the commercial banks (as amended and supplemented), and the other applicable legal regulations.
The Document will cease to be valid if Nam A Bank does not inaugurate the above-mentioned transaction offices within 12 months from the date of its signing.
Le Hang