On September 20, 2021, the State Bank of Vietnam (SBV) issued Decision No. 1495/QD-NHNN revising the charter capital substance in the License for the Operations of Vietnam Thuong Tin Commercial Joint Stock Bank (VIETBANK).
Accordingly, the SBV has revised Paragraph 5, Article 1 of Decision No. 2399/QD-NHNN dated December 15, 2006 of the SBV Governor on the issuance of VIETBANK's License, to read as follow:
“5. Charter capital: VND 4,776,826,690,000 (Four thousand seven hundred seventy-six billion, eight hundred twenty-six million, six hundred ninety thousand Vietnamese Dongs).”
VIETBANK is responsible 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) for the above revision.
This Decision took effect from the date of signing and is an integral part of Decision No. 2399/QD-NHNN dated December 15, 2006 of the SBV Governor on the issuance of VIETBANK's License. Decision No. 954/QD-NHNN dated May 14, 2020 issued by the SBV Governor revising the charter capital substance in the License of VIETBANK is no longer valid from September 20, 2021.
LK