Central bank allows SCB to close 2 branches

State Bank of Việt Nam gave its nod to Saigon Commercial Bank (SCB) to close two of its branches in Trà Vinh Province and Cần Thơ City. - File Photo

Viet Nam News

HÀ NỘI — State Bank of Việt Nam gave its nod to Saigon Commercial Bank (SCB) to close two of its branches in Trà Vinh Province and Cần Thơ City.

The move is aimed at restructuring the bank’s network for better operation efficiency.

Accordingly, Trà Vinh 1 branch, located on Nguyễn Đáng Street, Trà Vinh City, and Ninh Kiều Branch, located on Võ Văn Tần Street, Cần Thơ City, will cease to operate.

SCB said all interests of customers who had accounts in these two branches would be maintained with no changes.

After the closure of these two branches, SCB will have one branch and five transaction offices in Cần Thơ, in addition to one branch and one transaction office in Trà Vinh.

At the end of 2017, SCB was licenced to open two new branches in Thanh Hóa and Thái Bình Provinces and nine transaction offices in other localities, which would bring its network to 239 transaction offices in 28 provinces and cities nationwide. — VNS

Tags Vietnam Trà Vinh Vietnam News Cần Thơ SCB news

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