Vietinbank closes Long Thanh branch

The State Bank of Viet Nam (SBV) has allowed the Viet Nam Joint-Stock Commercial Bank for Industry and Trade (Vietinbank) to close its Long Thanh branch in southern Dong Nai Province.

Under the agreement, Vietinbank must settle all interests and responsibilities towards its customers and implement legal procedures in accordance with SBV's Dong Nai branch guidelines.

Vietinbank was additionally given the go-ahead to open a transaction office in Long Thanh District, once having met the regulations set by the SBV.

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