The State Bank of Vietnam (SBV) issued Document No. 5418/NHNN-TTGSNH on July 17 to permit ANZ Bank (Vietnam) Limited (ANZVL) to change its savings fund into transaction office with the name of ANZVL – Le Thai To branch – Hai Ba Trung Transaction Office.
The SBV requires ANZVL to be responsible for implementing procedures to inaugurate, register and publicize newly established transaction offices in line with Circular No. 21/2013/TT-NHNN dated September 9, 2013 on operational network of commercial banks and the other applicable legal texts.
The Document will cease to be effective if the ANZVL does not inaugurate the above – mentioned transaction office within 12 months from the date of signing.
TLH