On February 20, 2024, the State Bank of Vietnam (SBV) issued Decision No.247/QD-NHNN revising the License of Bac A Commercial Joint Stock Bank (Bac A Bank).
Accordingly, the SBV Governor has approved of a revision of Article 2 of the License for the Establishment and Operations No. 47/GP-NHNN dated April 16, 2019 issued by the SBV Governor to Bac A Bank, to read as follows:
“Article 2. The charter capital of Bac A Commercial Joint Stock Bank is: VND 8,959,336,420,000 (Eight thousand nine hundred fifty-nine billion, three hundred thirty-six million, four hundred twenty thousand Vietnamese Dongs.”
This Decision took effect from the date of signing and is an integral part of the License for the Establishment and Operations No. 47/GP-NHNN dated April 16, 2019 issued by the SBV Governor to Bac A Bank.
Decision No.1514/QD-NHNN dated August 10, 2023 revising the License for the Establishment and Operations of Bac A Bank shall cease to be effective from the date of signing of this new Decision.
Le Hang