On May 26, 2022, the State Bank of Vietnam (SBV) issued Document No. 3515/NHNN-TTGSNH allowing Nam A Joint Stock Commercial Bank (Nam A Bank) to establish additional branches in 2022.
Accordingly, Nam A Bank has been permitted to establish five (05) more branches in Bac Ninh, Vinh Phuc, Quang Nam, Phu Yen and Ca Mau provinces in 2022.
Also 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 branches 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 branches within 12 months from the date of its signing.
Le Hang