On April 16, 2020, the State Bank of Vietnam (SBV) issued Document No. 2725/NHNN-TTGSNH approving the 2019 plan for establishing new branches of Shinhan Vietnam Finance Company Limited (SVFC).
Accordingly, the SBV has approved the proposal to establish 03 new branches of SVFC in 2019, specifically as follows:
SVFC Bac Ninh Branch in Bac Ninh province: Full-name in Vietnamese: Công ty tài chính TNHH một thành viên Shinhan Việt Nam – Chi nhánh Bắc Ninh; Full-name in English: Shinhan Vietnam Finance Company Limited – Bac Ninh Branch; Office address: 4th Floor, Viet Long Building, Lot CC04 Ly Thai To, Ninh Xa Ward, Bac Ninh City, Bac Ninh Province;
SVFC Binh Duong Branch in Binh Duong province: Full-name in Vietnamese: Công ty tài chính TNHH một thành viên Shinhan Việt Nam – Chi nhánh Bình Dương; Full-name in English: Shinhan Vietnam Finance Company Limited – Binh Duong Branch; Office address: 1st Floor, AEON Citimart Binh Duong Building, No. 215A Yersin, Phu Cuong Ward, Thu Dau Mot City, Binh Duong Province;
SVFC Dong Nai Branch in Dong Nai province: Full-name in Vietnamese: Công ty tài chính TNHH một thành viên Shinhan Việt Nam – Chi nhánh Đồng Nai; Full-name in English: Shinhan Vietnam Finance Company Limited – Dong Nai Branch; Office address: 14th Floor, Pegasus Plaza Building, No. 53-55 Vo Thi Sau Street, Quyet Thang Ward, Bien Hoa City, Dong Nai Province.
SVFC is responsible for conducting the legal procedures and complying with the provisions of the 2010 Law on Credit Institutions (as amended and supplemented in 2017), Circular No. 53/2018/TT-NHNN dated December 31, 2018 of the SBV regulating the operating networks of non-bank credit institutions. The Document will cease to be valid if SVFC does not inaugurate the above-mentioned branches within 12 months from the date of its signing.
VA