On October 28, 2022, the State Bank of Vietnam (SBV) issued Decision No. 1841/QD-NHNN revising the charter capital substance in the License for the Establishment and Operations of Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank).
Accordingly, the SBV Governor has decided to revise 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, to read as follows:
“Article 2. The charter capital of HDBank is VND 25,303,429,220,000 (in words: twenty-five thousand three hundred oh three billion, four hundred twenty-nine million, two hundred twenty thousand Vietnamese Dongs)”.
HDBank is responsible for implementing the applicable legal provisions as stated in Paragraph 4 of Article 29 of the 2010 Law on Credit Institutions (as amended and supplemented), and other relevant provisions of law.
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. 1101/QD-NHNN dated June 29, 2022 revising the charter capital substance in the License of HDBank ceased to be effective from the date of signing of this new Decision.
Le Hang