• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

Commercial bank network extended for safety and effectiveness

VNGOP - The State Bank just issued the Regulations on Commercial Bank Network to assist all commercial banks in expanding their activities safely and fruitfully as well as ensuring fair competition.

May 06, 2008 7:07 AM GMT+7

Each commercial bank can open only one transactional office

Under the new regulations, commercial banks have the rights to open and close their head offices, branches, representative offices, non-productive units, transactional offices, saving funds, and ATMs.

Within a year since the Regulations’ date of coming in force, every commercial bank has to restructure its existing head offices, representative offices, transactional offices, saving funds, branches, ATMs and credit groups.

The State Bank entrusts its branches in all cities and provinces to supervise the inauguration and closing of transactional offices, branches, representative offices, non-productive units, saving funds, and ATM run by commercial banks in their localities.

By Thanh Thúy