The State Bank of Vietnam (SBV) issued Documents No. 5212/NHNN-TTGSNH on July 11th, 2018 to permit Vietnam Prosperity Joint Stock Commercial Bank (VPBANK) to open transaction offices.
Accordingly, VPBank is allowed to establish 06 transaction offices as follows:
Yen Phong Transaction Office – VPBank - Bac Ninh Branch, address: No. 89 Cho Street, Cho town, Yen Phong district, Bac Ninh province.
Phu Quoc Transaction Office – VPBank - Kien Giang Branch, address: No. 55 Ba Muoi Thang Tu street, Quarter 1, Duong Dong town, Phu Quoc district, Kien Giang province.
Di An Transaction Office – VPBank - Binh Duong Branch, address: No. 2 Nguyen An Ninh street, Di An ward, Di An town, Binh Duong province.
Nha Be Transaction Office – VPBank - District 2 Branch, address: No. 17, Phu Long Urban Area, Dragon City, Nguyen Huu Tho, Phuoc Kieng commune, Nha Be district, Ho Chi Minh city.
Trung Chanh Transaction Office – VPBank - District 2 Branch, address: No. 173 Dang Thuc Vinh, Dong Thanh commune, Hoc Mon district, Ho Chi Minh city.
Trung Son Transaction Office – VPBank - District 2 Branch, address: No.72 - 74 Trung Son residential area, street 9A, Binh Hung commune, Binh Chanh district, Ho Chi Minh city.
The SBV requires VPBank to be responsible for implementing procedures to inaugurate 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. In particular, VPBank is only allowed to inaugurate the operation of Nha Be Transaction Office, Trung Chanh Transaction Office, Trung Son Transaction Office after completing the opening of VPBank branch office in Hoc Mon approved by the SBV in Document No. 5211/NHNN-TTGSNH dated July 11th, 2018.
The Documents will cease to be effective if the VPBank does not inaugurate the above – mentioned transaction offices within 12 months from the date of signing.
VA