On November 23, 2023, the State Bank of Vietnam (SBV) – Ho Chi Minh City (HCMC) branch issued Decision No. 933/QD-HCM revising the contributed capital substance in the License of Bangkok Bank Public Co. Ltd. – HCMC branch.
Accordingly, the SBV – HCMC branch has approved of a revision of the contributed capital substance as stated in Article 2 of the License for the establishment of a foreign bank branch No. 234/GP-HCM dated June 9, 2022 issued by the Director of the SBV – HCMC branch to Bangkok Bank Public Co. Ltd. – HCMC branch, to read as follows: "Contributed capital: USD 300,000,000 (in words: three hundred million United States dollars)".
Bangkok Bank Public Co. Ltd. – HCMC branch is responsible for registering with the competent authority its revised contributed capital; publicizing the revised substance in accordance with Paragraph 4 of Article 29 of the 2010 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 of a foreign bank branch No. 234/GP-HCM dated June 9, 2022 issued by the Director of the SBV – HCMC branch to Bangkok Bank Public Co. Ltd. – HCMC branch.
Le Hang