The State Bank of Vietnam (SBV) issued Documents No. 2571, 2572, 2575/NHNN-TTGSNH on approving the establishment of new branches and transaction offices of Shinhan Bank Vietnam Limited in Ho Chi Minh City, specifically:
- Shinhan Bank Vietnam Limited – Phu My Hung Branch – Address: Ground and 1st floor, River Park Building, No. 334-336 Dang Duc Thuat street, Tan Phong ward, District 7, Ho Chi Minh City.
- Shinhan Bank Vietnam Limited – Ho Chi Minh City Branch – District 11 Transaction Office – Address: Lu Gia Plaza, No.70 Lu Gia street, Ward 3, District 11, Ho Chi Minh City.
- Shinhan Bank Vietnam Limited – Tan Binh Branch – Address: Lotte Mart Tan Binh, No.20 Cong Hoa street, Ward 12, Tan Binh District, Ho Chi Minh City.
The SBV requires Shinhan Vietnam to comply the procedures of launching, registering, and publishing in the Official Gazette to approved branches and transaction offices in line with provision on network of Commercial Banks at Circular No.21/2013/TT-NHNN issued on September 9, 2013 and relevant regulations. Shinhan Vietnam has to launch the branches and transaction offices mentioned above within 12 months from the date of signing. After this deadline, the approved documents of the SBV cease to be effective.
Nguyen Giang