On December 09, 2022, the State Bank of Vietnam (SBV) issued Document No. 8701/NHNN-TTGSNH approving of the requests of Petrolimex Group Commercial Joint Stock Bank (PG Bank) to establish an additional domestic branch and a transaction office.
Specifically, the SBV has approved of PG Bank's request to establish additionally one (01) branch and one (01) transaction office, with details as follows:
1. Dong Do Branch in Hanoi City
The full name: Petrolimex Group Commercial Joint Stock Bank – Dong Do Branch;
The abbreviated name: PG Bank Dong Do;
The address is at: 14th Floor, Mipec Tower, No. 229 Tay Son Street, Nga Tu So Ward, Dong Da District, Hanoi City.
2. Hong Ngu Transaction Office in Dong Thap Province
The full name: Petrolimex Group Commercial Joint Stock Bank – Dong Thap Branch – Hong Ngu Transaction Office;
The abbreviated name: PG Bank Hong Ngu Transaction Office;
The address is at: No. 95 Le Thi Hong Gam Street, An Thanh Ward, Hong Ngu Town, Dong Thap Province.
PG Bank is requested to take responsibility for implementing the necessary procedures to inaugurate, register and publicize the newly established branch and transaction office in line with Circular No. 21/2013/TT-NHNN dated September 09, 2013 issued by the SBV Governor stipulating the operational networks of commercial banks (as amended and supplemented by Circular No. 01/2022/TT-NHNN dated January 28, 2022), and the other applicable provisions of law.
The Document will cease to be valid if PG Bank does not inaugurate the above-mentioned branch and transaction office within 12 months from the date of its signing.
LK