Establishment of State Bank Branch Region 15

State Bank Branch Region 15 is headquartered in Rach Gia city, Kien Giang province; its function is to advise and assist the Governor of the State Bank in performing state management of currency, banking and foreign exchange activities in the provinces of Kien Giang, An Giang, Dong Thap, Ca Mau and to perform a number of Central Bank operations under the authorization of the Governor of the State Bank of Vietnam.

State Bank Branch Region 15 is an administrative organization under the organizational structure of the State Bank headquartered in Kien Giang, is a dependent accounting unit, has a balance sheet according to the provisions of law, has its own seal and is allowed to use 4 additional seals to serve operations in the provinces: Kien Giang, An Giang, Dong Thap, Ca Mau.

At the conference, Permanent Deputy Governor of the State Bank of Vietnam Dao Minh Tu announced and awarded decisions on the transfer and appointment of Directors, Deputy Directors, Department Heads, and Deputy Department Heads. One of the key tasks of the State Bank of Vietnam Branch, Region 15, is to continue to focus on synchronously implementing solutions to promote credit growth, remove difficulties, and support customers.

In which, conducting inspections in accordance with the provisions of law and the State Bank for subjects of banking inspection; Conducting micro-safety supervision in accordance with the provisions of law and the State Bank for subjects of banking supervision; Supervising in accordance with the provisions of law for credit institutions in the area; Conducting inspections of compliance with policies and laws on currency and banking activities in accordance with the provisions of law; Inspecting and examining foreign exchange activities, gold trading activities, anti-money laundering activities; handling violations of the law in the fields of currency, banking activities, foreign exchange, anti-money laundering in accordance with the provisions of law...

The provinces of Kien Giang, An Giang, Dong Thap, and Ca Mau have important geographical locations and roles in trade and connection with the provinces of the Mekong Delta, as well as international trade through border gates with Cambodia.

In recent times, the banking sector has implemented many solutions to promote credit growth to meet the capital needs for production and business of people and enterprises, contributing resources to complete infrastructure and socio-economic development of the region.

By the end of January 2025, there were 100 credit institutions operating in Region 15 (36 banks, 61 people's credit funds and 3 branches of microfinance institutions). By the end of February 2025, the outstanding loans of credit institutions in Region 15 reached VND 450,994 billion, down 0.05% compared to the end of 2024, accounting for 36.95% of the total outstanding loans of the Mekong Delta and 2.87% of the total outstanding loans of the economy.

Source: https://baoangiang.com.vn/kinh-te/thanh-lap-ngan-hang-nha-nuoc-chi-nhanh-khu-vuc-15-a416916.html