On April 12, 2022, the State Bank of Vietnam (SBV) issued Decision No. 672/QD-NHNN revising the charter capital substance in the License for the Establishment and Operations of An Binh Commercial Joint Stock Bank (ABBANK).
Accordingly, the SBV Governor has approved of ABBANK’s request to revise the charter capital substance in Article 2 of the License for the Establishment and Operations No. 120/GP-NHNN dated December 12, 2018 issued by the SBV Governor to ABBANK, to read as follows:
“The charter capital of ABBANK is: VND 9,409,470,820,000 (Nine thousand four hundred oh nine billion, four hundred seventy million, eight hundred twenty thousand Vietnamese Dongs).”
ABBANK is requested to take responsibilities for implementing the applicable procedures in line with Paragraph 4 of Article 29 of the 2010 Law on Credit Institutions (as amended and supplemented in 2017).
This Decision took effect from the date of signing and is an integral part of the License for the Establishment and Operations No. 120/GP-NHNN dated December 12, 2018 issued by the SBV Governor to ABBANK. Decision No. 2137/QD-NHNN dated October 16, 2019 issued by the SBV Governor revising the charter capital substance in the License for the Establishment and Operations of ABBANK is no longer effective from April 12, 2022.
LK