On December 6, 2024, the State Bank of Vietnam (SBV) issued Document No. 9992/NHNN-TTGSNH allowing the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to increase its charter capital.
Accordingly, the SBV has approved of the BIDV's request to increase its charter capital by a maximum amount of VND 11,970,915,390,000 (eleven thousand nine hundred seventy billion, nine hundred fifteen million, three hundred ninety thousand Vietnamese Dongs) in line with the Plan on issuing additional shares to pay dividends from the remaining after-tax profits of 2022, after having set aside all regulatory provisioning, which had been adopted by the BIDV General Shareholders’ Meeting at Resolution No. 485/2024/NQ-DHDCD dated April 27, 2024.
This Document is valid within 12 months from the date of its signing.
Le Hang