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UOB gets nod to expand branch network in Vietnam

Lee U-Wen
Published Thu, Mar 23, 2017 · 09:50 PM

Hanoi, Vietnam

UNITED Overseas Bank (UOB) is on track to become the first Singapore bank to set up a network of branches in Vietnam.

The State Bank of Vietnam announced on Thursday that it has given its in-principle approval for UOB to be granted a foreign-owned subsidiary bank licence by June.

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