BIC to Set Up 03 New Subsidiaries

02:27 CH @ Thứ Sáu - 09 Tháng Giêng, 2015
BIDV Insurance Corporation (BIC) was approved to set up 03 new subsidiaries including BIC Cuu Long (Headquartered at No. 71A, Nam Ky Khoi Nghia Street, Ward 4, My Tho City, Tien Giang Province), BIC Lao Cai (Headquartered at No. 2 Hoang Lien Street, Duyen Hai Ward, Lao Cai City, Lao Cai Province) and BIC Northwest (Headquartered at No. 1 Chu Van Thinh Street, Son La City) by The Ministry of Finance through the issuance of the Amended License No 11/GPĐC13/KDBH dated 27/12/2014.

According to BIC, the mountainous areas of North Vietnam and the Mekong Delta have great potentials for development with extensively large areas. The establishment of 03 new subsidiaries and the consolidation and strengthening of the current subsidiaries in local areas such as BIC Vinh Phuc and BIC Western shall allow BIC to enhance the ease of customer access and improve the quality of services. Besides, the additional business units will create favorable conditions for BIC to reach more client systems of BIDV in the territory.

With 03 the newly established subsidiaries, BIC’s network now has up to 25 subsidiaries and more than 120 Sales Departments covering almost the major areas across the country.