On March 08, 2022, the State Bank of Vietnam (SBV) issued Decision No. 314/QD-NHNN revising the charter capital substance in the License for the Establishment and Operations of Viet A Joint Stock Commercial Bank (VietABank).
Specifically, the SBV Governor has decided to revise Article 2 of the License for the Establishment and Operations No. 55/GP-NHNN dated May 31, 2019 issued by the SBV Governor to VietABank, to read as follows:
“The charter capital of VietABank is: VND 5,399,600,430,000 (Five thousand three hundred ninety-nine billion, six hundred million, four hundred thirty thousand Vietnamese Dongs).”
VietABank shall be 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) regarding the above revision.
This Decision took effect from the date of signing and is an integral part of the License for the Establishment and Operations No. 55/GP-NHNN dated May 31, 2019 issued by the SBV Governor to VietABank.
Decision No. 949/QD-NHNN dated June 02, 2021 issued by the SBV Governor revising the charter capital substance in the License for the Establishment and Operations of VietABank is no longer valid from March 08, 2022.
LK