The State Bank of Vietnam (SBV) issued Documents No. 5211/NHNN-TTGSNH on July 11th, 2018 to permit Vietnam Prosperity Joint Stock Commercial Bank (VPBANK) to open branches.
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Accordingly, VPBank is allowed to establish 05 branches as follows:
Lao Cai Branch: Vietnamese name: Ngân hàng Thương mại cổ phần Việt Nam Thịnh Vượng – chi nhánh Lào Cai; English: Vietnam Prosperity Joint Stock Commercial Bank - Lao Cai Branch; English abbreviation: VPBank - Lao Cai Branch; Address: No. 55, Phan Dinh Phung Street, Pho Moi Ward, Lao Cai City, Lao Cai Province.
Thuong Tin Branch: Vietnamese name: Ngân hàng TMCP Việt Nam Thịnh Vượng – chi nhánh Thường Tín; English name: Vietnam Prosperity Joint stock Commercial Bank – Thuong Tin Branch; English abbreviation: VPBank – Thuong Tin Branch; Address: No. 196 - 198 Pho Ga, Thuong Tin Town, Thuong Tin District, Hanoi.
Hoc Mon Branch: Vietnamese name: Ngân hàng TMCP Việt Nam Thịnh Vượng – chi nhánh Hóc Môn; English name: Vietnam Prosperity Joint stock Commercial Bank - Hoc Mon Branch; English abbreviation: VPBank - Hoc Mon Branch; Address: No. 144/3 Nguyen Anh Thu, Trung Chanh Commune, Hoc Mon District, Ho Chi Minh City.
Tay Ninh Branch: Vietnamese name: Ngân hàng TMCP Việt Nam Thịnh Vượng – chi nhánh Tây Ninh; English name: Vietnam Prosperity Joint stock Commercial Bank - Tay Ninh Branch; English abbreviation: VPBank - Tay Ninh Branch; Address: No. 364 Ba Muoi thang Tu, Ward 3, Tay Ninh City, Tay Ninh Province.
Binh Phuoc Branch: Vietnamese name: Ngân hàng TMCP Việt Nam Thịnh Vượng – chi nhánh Bình Phước; English name: Vietnam Prosperity Joint stock Commercial Bank - Binh Phuoc Branch; English abbreviation: VPBank - Binh Phuoc Branch; Address: No. 256 National Highway 14, Tan Dong Ward, Dong Xoai Town, Binh Phuoc Province.
The SBV requires VPBank to be responsible for implementing procedures to inaugurate and publicize newly established branches 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 Documents will cease to be effective if the VPBank does not inaugurate the above – mentioned branches within 12 months from the date of signing.
VA