TPBank was approved to establish 5 more branches and 3 transaction offices

TPBank said that on March 20, 2023, it received the State Bank's written approval for network expansion.

Tien Phong Commercial Joint Stock Bank (TPBank, stock code TPB) has just announced unusual information on the Stock Exchange.

Accordingly, TPBank said that on March 20, 2023, it received the State Bank's written approval for network expansion (establishing branches and transaction offices).

Specifically, the SBV approved the establishment of 5 branches by TPBank, including: Dong Anh branch (Hanoi), Vinh Phuc branch (Vinh Phuc province), Ha Nam branch (Ha Nam province), and Quang Binh branch (Ha Nam province). Quang Binh) and Tay Ninh branch (Tay Ninh province).

The SBV also approved the establishment of 3 transaction offices by TPBank, namely Trung Kinh Transaction Office (in Hanoi), Que Vo Transaction Office (Bac Ninh) and Vinh Hai Transaction Office (in Khanh Hoa province).

The above information was also announced by TPBank on its website on March 21, 2023.

In another development, TPBank recently closed the list (March 21) to pay a cash dividend of 25% to shareholders.

On April 26, this bank will hold the 2024 annual shareholder meeting at Melia Hanoi Hotel. The content of the meeting includes reports on activities for the 2018-2023 term and operational orientations for the 2023-2028 term of the Board of Directors, the Board of Management, and the Supervisory Board. Report on activities in 2022 and orientation for activities in 2023.