On October 8, 2024, the State Bank of Vietnam (SBV) issued Document No. 2238/QD-NHNN, revising the charter capital stated in the License for the Establishment and Operations of Vietnam Maritime Commercial Joint Stock Bank (MSB).
Accordingly, Section 4 of License No.0001/NH-GP, dated June 8, 1991, issued by the SBV Governor to MSB, and Point c, Article 1 of Decision No.68/NH-QD, dated June 8, 1991, issued by the SBV Governor to MSB have been revised to read as follows:
“Charter capital: 26,000,000,000,000 VND (Twenty-six trillion Vietnamese dong)”
MSB is required to implement the provisions as stated in Paragraph 4, Article 37 of the 2024 Law on Credit Institutions with respect to this amendment.
This Decision took effect from the date of its signing and shall be an integral part of License No. 0001/NH-GP, dated June 8, 1991, and Decision No. 68/NH-QD, dated June 8, 1991, both issued by the SBV Governor for the Establishment and Operations of MSB.
Decision No. 45-QD-NHNN, dated January 9, 2023 of the SBV Governor revising the charter capital in the MSB’s license, ceased to be effective on the effective date of this new Decision.
HP