On November 4, 2024, the State Bank of Vietnam (SBV) issued Decision No. 2416/QD-NHNN revising the License of Tien Phong Commercial Joint Stock Bank (TPBank).
Accordingly, Article 2 of License No. 123/GP-NHNN dated May 5, 2008 issued by the SBV Governor to TPBank has been revised, to read as follows: “Article 2. The charter capital of TPBank is: VND 26,419,561,960,000 (Twenty six thousand four hundred nineteen billion, five hundred sixty-one million, nine hundred sixty thousand Vietnamese Dongs.”
TPBank is responsible for implementing the procedures in line with Paragraph 4 of Article 37 of the 2024 Law on Credit Institutions (as amended and supplemented), and other relevant legal regulations.
This Decision took effect from the date of signing and is an integral part of the License for the Establishment and Operations No. 123/GP-NHNN dated May 5, 2008 issued by the SBV Governor to TPBank. Decision No. 1534/QD-NHNN dated August 15, 2023 revising the License of TPBank ceased to be effective from the date of signing of this new Decision.
Le Hang