On October 8, 2024, the State Bank of Vietnam (SBV) issued Decision No. 2240/QD-NHNN, revising the charter capital substance in the License for the Establishment and Operation of Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank).
Accordingly, the charter capital substance in Article 2 of the License for the Establishment and Operations No. 26/GP-NHNN, dated February 12, 2020, issued by the SBV Governor to HDBank has been revised, to read as follows:
“Article 2. The charter capital of HDBank is: VND 29,276,321,320,000 (Twenty-nine thousand two hundred seventy-six billion, three hundred twenty-one million, three hundred twenty thousand Vietnamese Dongs)”.
HDBank shall be responsible for implementing the procedures prescribed for in Paragraph 4 of Article 37 of the 2024 Law on Credit Institutions (as amended and supplemented).
This Decision took effect from the date of signing and is an integral part of the License for the Establishment and Operations No. 26/GP-NHNN, dated February 12, 2020, issued by the SBV Governor to HDBank.
Decision No. 1633/QD-NHNN, dated August 29, 2023, issued by the SBV revising the charter capital substance in the License for the Establishment and Operations of HDBank, ceased to be effective on the effective date of this new Decision.
HY