On April 8, 2025, the State Bank of Vietnam (SBV) issued Decision No. 1700/QD-NHNN revising the charter capital substance in the License of Saigon-Hanoi Commercial Joint Stock Bank (SHB).
Accordingly, the SBV Governor has approved of a revision in Point 2 of License No. 115/GP-NHNN dated November 30, 2018 issued by the SBV Governor to SHB, to read as follows:
“Article 2. The charter capital of Saigon-Hanoi Commercial Joint Stock Bank is VND 40,657,470,020,000 (In words: Forty thousand six hundred fifty-seven billion, four hundred seventy million, twenty thousand Vietnamese Dongs).”
SHB is responsible for implementing the procedures in line with Paragraph 4 of Article 37 of the 2024 Law on Credit Institutions (as amended and supplemented) regarding the above-mentioned revised substance.
This Decision took effect on the date of signing and is an integral part of License No. 115/GP-NHNN dated November 30, 2018 issued by the SBV Governor to SHB.
Decision No. 1323/QD-NHNN dated June 25, 2024 of the SBV Governor revising the charter capital substance in the License of SHB ceased to be effective from the date of signing of this new Decision.
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