Two foreign banks to open Viet Nam branches

Monday, Dec 22, 2014 15:37

Two foreign banks will establish branches in Viet Nam. — Photo dantri.com.vn

HA NOI (Biz Hub) — State Bank of Viet Nam Governor Nguyen Van Binh has approved the opening of branches by two foreign banks in Viet Nam.

The central bank said in a statement released late last week that the Taiwan-headquartered E.SUN Commercial Bank Ltd will open a unit in the southern Dong Nai province, and French bank BNP Paribas will set up a unit in Ha Noi.

The institutions have to complete more procedures before they set up their establishments. — VNS

Comments (0)

Statistic