On May 14, 2020 the State Bank of Vietnam (SBV) issued Decision No. 954/QD-NHNN revising the License of Vietnam Thuong Tin Commercial Joint Stock Bank (VietBank).
Illustrated image (source: internet)
Accordingly, the SBV Governor has approved of the revision of the substance in Point 5 of Article 1 of Decision No. 2399/NH-GP dated December 15, 2006 by the SBV Governor on the License of VietBank, to read as follows: “Charter capital: VND 4,190,199,040,000”.
VietBank is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of Decision No. 2399/NH-GP dated December 15, 2006 by the SBV Governor on the License of VietBank. Decision No. 869/QD-NHNN dated April 27, 2018 on the revision of the charter capital of VietBank ceased to be effective from the date of signing of this Decision.
Le Hang