IVB moves its head office to new location

The Governor of the State Bank of Vietnam (SBV), on December 23, issued Decision No. 3189/QD-NHNN to permit the IndovinaBank (IVB), a joint-venture between the Vietnam Bank of Industry and Trade and the Cathay United Bank of Taiwan to move its head office to the new location at No. 46-48-50 Pham Hong Thai St., District No.1 in Ho Chi Minh City.

The Bank is required to meet proper conditions and standards on treasury safety, fire protection, and convenience for customers’ transactions set by SBV prior to the opening of the new head office. Additionally, the Bank needs to amend its Charter as a result of the change of the head office’s location, and to register and publicize this change in accordance with law.

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