On August 10, 2023, the State Bank of Vietnam (SBV) issued Decision No. 1514/QD-NHNN revising the License of Bac A Commercial Joint Stock Bank (Bac A Bank).
Accordingly, the SBV Governor has approved of a revision of the substances in Article 2 of License No. 47/GP- NHNN dated April 16, 2019 issued by the SBV Governor to Bac A Bank, to read as follows: “The charter capital of Bac A Commercial Joint Stock Bank is: VND 8,334,266,440,000 (in words: Eight thousand three hundred thirty-four billion, two hundred sixty-six million, four hundred forty thousand Vietnamese Dongs)”.
Bac A Bank 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), and other applicable legal regulations.
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 to Bac A Bank.
Decision No. 1410/QD-NHNN dated August 9, 2022 revising the charter capital in the License of Bac A Bank ceased to be effective from the date of signing of this new Decision.
Le Hang