On February 5, 2021, the State Bank of Vietnam (SBV) issued Decision No.152/QD-NHNN revising the License of Tien Phong Commercial Joint Stock Bank (TPBank).
Accordingly, Article 2 of License No. 123/GP-NHNN dated May 5, 2008 issued by the SBV Governor for TPBank has been revised, to read as follows: “Charter capital: VND 10.716.717.220.000 (Ten thousand seven hundred sixteen billion, seven hundred seventeen million, two hundred twenty thousand Vietnamese Dongs.”
TPBank is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the Law on Credit Institutions (as amended and supplemented in 2017) and other relevant regulations.
This Decision took effect from the date of signing and is an integral part of the Establishment and Operations License No. 123/GP-NHNN.
Decision No.393/QD-NHNN dated March 8, 2019 revising the License of TPBank ceased to be effective from the date of signing of this new Decision.
Le Hang