On December 26, 2019, the State Bank of Vietnam (SBV) issued Decision No. 2647/QD-NHNN revising the License of Bac A Commercial Joint Stock Bank (Bac A Bank).
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Accordingly, the SBV Governor has approved of the revision of the substance in Paragraph 1 of Article 1 of License No. 47/GP-NHNN dated April 16, 2019 issued for Bac A Bank, to read as follows: Abbreviation name: BAC A BANK.
At the same time, the SBV also revised the substance of Article 2 of License No. 47/GP-NHNN dated April 16, 2019 issued by the SBV Governor for Bac A Bank, to read as follows: “Charter capital: VND 6,500,000,000,000”.
Bac A Bank is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of License No. 47/GP-NHNN dated April 16, 2019 issued by the SBV Governor for Bac A Bank.
Le Hang