State Bank reorganizes regional branch system...

In order to ensure synchronous, unified, effective operation, in accordance with the administrative management model of 34 provinces and cities after the merger, the system of regional state banks will officially come into operation from July 1, 2025, on the basis of synchronization with the new local government system.

Accordingly, the State Bank of Vietnam (SBV) has just issued 14 Decisions amending and supplementing the Decision on establishment, regulating the functions, tasks, powers and organizational structure of 14 regional SBVs, ensuring a synchronous, unified and effective operating system, consistent with the administrative management model of 34 provinces and cities after the merger. The regional SBVs will officially come into operation from July 1, 2025, in sync with the new local government system.

Reorganize the regional State Bank branch system in sync with the new local government system

Specifically, the current regional SBVs (except SBV Region 1 and SBV Region 2) were established on the basis of merging the previous provincial and municipal SBV branches. Each regional SBV will perform the function of state management of currency, banking and foreign exchange activities in 3 to 6 provinces/cities, ensuring organizational streamlining, improving management capacity and operational efficiency.

According to the State Bank, the organization and rearrangement of regional State Banks is implemented according to the principle of maintaining the same number of organizational focal points (15 regional State Banks), not creating new organizations, minimizing the impact on staff and personnel, ensuring asset safety and monetary security, and at the same time improving the effectiveness and efficiency in implementing monetary policy at the local level.

According to information from the SBV's leaders: The current organization and arrangement of regional SBVs ensures the inheritance of the old organizational model, is consistent with the practice of merging administrative units, and at the same time, meets the requirements of modernization, improving the effectiveness and efficiency of state management of currency and banking activities at the local level. "This is an important step, contributing to the successful implementation of the goal of administrative reform, improving management and operational capacity, developing a safe, effective, modern and integrated banking system", the SBV emphasized.

Accordingly, the structure of 15 regional State Bank is specifically organized as follows:

SBV Region 1 is located in Hanoi City; SBV Region 2 includes 2 provinces/cities: Ho Chi Minh City (Ho Chi Minh City + Ba Ria-Vung Tau + Binh Duong), Dong Nai (Dong Nai + Binh Phuoc). Headquarters in Ho Chi Minh City.

State Bank of Vietnam Region 3 (including 3 provinces: Son La, Dien Bien , Lai Chau. Headquarters in Son La province). State Bank of Vietnam Region 4 (including 3 provinces: Phu Tho (Phu Tho + Hoa Binh + Vinh Phuc), Tuyen Quang (Tuyen Quang + Ha Giang), Lao Cai (Lao Cai + Yen Bai). Headquarters in Phu Tho province).

State Bank of Vietnam Region 5: includes 3 provinces: Thai Nguyen (Thai Nguyen + Bac Kan ), Cao Bang, Lang Son. Headquarters in Thai Nguyen province.

State Bank of Vietnam Region 6: includes 2 provinces/cities: Hai Phong city (Hai Phong + Hai Duong), Quang Ninh. Headquarters in Hai Phong city.

State Bank of Vietnam Region 7: includes 2 provinces of Ninh Binh (Ninh Binh + Nam Dinh + Ha Nam), Thanh Hoa. Headquarters in Thanh Hoa province.

State Bank of Vietnam Region 8: includes 3 provinces: Ha Tinh, Nghe An, Quang Tri (Quang Tri + Quang Binh). Headquarters in Ha Tinh province

State Bank of Vietnam Region 9: includes 3 provinces/cities: Da Nang city (Da Nang + Quang Nam), Quang Ngai (Quang Ngai + Kon Tum), Hue city. Headquarters in Da Nang city.

State Bank Region 10: includes 2 provinces: Khanh Hoa (Khanh Hoa + Ninh Thuan), Lam Dong (Lam Dong + Binh Thuan + Dak Nong). Headquarters in Khanh Hoa province.

State Bank of Vietnam Region 11: includes 2 provinces: Dak Lak (Dak Lak + Phu Yen), Gia Lai (Gia Lai + Binh Dinh). Headquarters in Dak Lak province.

State Bank of Vietnam Region 12: includes 2 provinces: Hung Yen (Hung Yen + Thai Binh), Bac Ninh (Bac Ninh + Bac Giang). Headquarters in Hung Yen province.

State Bank of Vietnam Region 13: includes 2 provinces: Dong Thap (Dong Thap + Tien Giang), Tay Ninh (Tay Ninh + Long An). Headquarters in Dong Thap province.

State Bank of Vietnam Region 14: includes 2 provinces/cities: Can Tho city (Can Tho + Hau Giang + Soc Trang), Vinh Long (Vinh Long + Ben Tre + Tra Vinh). Headquarters in Can Tho city

State Bank of Vietnam Region 15: includes 2 provinces: An Giang (An Giang + Kien Giang), Ca Mau (Ca Mau + Bac Lieu). Headquarters in An Giang province.

Thereby, this arrangement ensures geographical and traffic suitability, facilitates management and direction activities in localities, and does not increase the number of regional State Bank offices compared to the present.

Along with perfecting the organizational model of the regional SBV, based on the guidance of the Central Organizing Committee and the Ministry of Home Affairs, the SBV will coordinate with localities to establish Party organizations at regional SBVs in accordance with the direction of the Secretariat in Conclusion No. 151-KL/TW dated April 25, 2025 on rearranging the Party organization model in a number of agencies, units, vertical management organizations and in State-owned enterprises./.

Source: https://baodaknong.vn/ngan-hang-nha-nuoc-to-chuc-lai-he-thong-chi-nhanh-khu-vuc-256305.html