Taiwanese bank issued license for branch in Dong Nai.
On May 25 the Governor of the State Bank of Vietnam (SBV) signed License No. 07/GP-NHNN, permitting the E.SUN Commercial Bank (E.SUN Bank) from Taiwan to open a branch at the Amata Industrial Zone in southern Dong Nai province’s Bien Hoa city.
Charter capital of the branch is $30 million and the license has a term of 99 years from the date of signing
E.SUN Bank will work in accordance with Vietnamese laws and all SBV procedures.