Commercial banks can open rep offices and branches at home and abroad, as well as set up, disband and merge branches, provided they meet certain conditions, the central bank has ruled.Decision 90/2001/QD-NHNN regarding this signed last week by deputy governor Tran Minh Tuan says banks must be operational for at least three years, be profitable for two consecutive years, have overdue loans of less than 5% of outstanding loans, have efficient management and internal control systems, and have not