The State Bank of Vietnam (SBV) issued Document No. 9678/NHNN-TTGSNH on December 20 to permit the Public Bank Vietnam Ltd. to establish 01 branch in Hanoi (Hoan Kiem branch) and 01 branch in Ho Chi Minh City (Phu Nhuan branch).
20161227115803184Public bank Vietnam
On the same day, the SBV issued Document No. 9677/NHNN-TTGSNH to allow the Public Bank Vietnam Ltd. to establish 02 transaction bureaus in Hanoi (Hoang Mai Transaction Bureau and Trung Hòa Transaction Bureau) and 02 transaction bureaus in HCMC (Dien Bien Phu Transaction Bureau and Binh Tay Transaction Bureau).
The SBV requires Public Bank Vietnam Ltd. to be responsible for implementing procedures to inaugurate, register and publicize newly established branches and transaction bureaus 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 Public Bank Vietnam Ltd. does not inaugurate the above – mentioned branches and transaction bureaus within 12 months from the date of signing.
Le Hang