On July 10, 2020, the State Bank of Vietnam (SBV) issued Document No. 5045/NHNN-TTGSNH approving the relocation of the head office of Vietnam - Russia Joint Venture Bank (VRB).
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Accordingly, the SBV Governor has approved the request to change the location of the VRB's head office from the old location of: 1st Floor, 2nd Floor, Tower No.1, Yet Kieu Street, Tran Hung Dao Ward, Hoan Kiem District, Hanoi City, to the new location of: Building No. 75 Tran Hung Dao Street, Tran Hung Dao Ward, Hoan Kiem District, Hanoi City.
The document also clearly states that at least 30 working days before the expected start date of operations at the newly approved location, the VRB has to submit a written request to the SBV for the revision of the location of its head office in its License. The request must mention the expected start date of operations at the approved location and the full satisfaction of the conditions of the head office as prescribed by law for the SBV to consider and approve in accordance with the provisions of law. In addition, the VRB shall be fully responsible before the law for the contents of the report and the related documents submitted to the SBV.
This Document shall be valid for 12 months from the date of signing.
VA