On August 11, 2023, the State Bank of Vietnam (SBV) issued Decision No. 1517/QD-NHNN revising the License of the Military Commercial Joint Stock Bank (MB).
Accordingly, the SBV Governor has approved of a revision of the substances in Article 2 of License No. 100/GP- NHNN dated October 16, 2008 issued by the SBV Governor to the MB, to read as follows: “The charter capital of the Military Commercial Joint Stock Bank is: VND 52,140,840,520,000 (in words: Fifty-two thousand one hundred forty billion, eight hundred forty million, five hundred twenty thousand Vietnamese Dongs)”.
The MB is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the 2010 Law on Credit Institutions (as amended and supplemented in 2017), and other applicable legal regulations.
This Decision took effect from the date of signing and is an integral part of License No. 100/GP- NHNN dated October 16, 2008 issued by the SBV Governor to the MB. Decision No. 1700/QD-NHNN dated October 6, 2022 revising the charter capital in the License of the MB ceased to be effective from the date of signing of this new Decision.
Le Hang