On November 14, 2023, the State Bank of Vietnam (SBV) issued Decision No. 2127/QD-NHNN revising the License of Vietnam Prosperity Joint Stock Commercial Bank (VPBank).
Accordingly, the SBV Governor has approved of a revision in Article 2 of License No. 94/GP-NHNN dated September 28, 2018 issued by the SBV Governor to VPBank, to read as follows:
“Article 2. The charter capital of Vietnam Prosperity Joint Stock Commercial Bank is VND 79,339,236,010,000 (in words: seventy-nine thousand three hundred thirty-nine billion, two hundred thirty-six million, ten thousand Vietnamese Dongs).”
VPBank is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the 2010 Law on Credit Institutions (as amended and supplemented in 2017).
This Decision took effect from the date of signing and is an integral part of License No. 94/GP- NHNN dated September 28, 2018 issued by the SBV Governor to VPBank. Decision No. 2006/QD-NHNN dated November 28, 2022 of the SBV Governor revising VPBank’s License ceased to be effective from the date of signing of this new Decision.
Le Hang