The Governor of the State Bank of Vietnam (SBV) issued Decision No.2359/QĐ-NHNN dated November 29, 2016 on revising the license of the The Siam Commercial Bank Public Company Limited – Ho Chi Minh city Branch.
Accordingly, the SBV Governor decided to revise the content of Article 2 of the License No. 30/GP-NHNN dated December 17, 2015 granted to HCMC Branch of Siam Bank by SBV Governor, specifically: “Charter Capital: USD 70,470,717”.
HCMC Branch of Siam Bank is responsible for complying with all regulations in line with Item 4 of Article 29 of the Law on Credit Institutions. The SBV Governor assigned the Banking Supervision Agency (Department for Banking System Safety Supervision) to guide and monitor the implementation the Decision.
The Decision No. 2359/QĐ-NHNN takes effect from the date of signing and is an integral part of Decision No. 30/GP-NHNN dated December 17, 2015 granted by the SBV Governor for HCMC Branch of Siam Bank.
Nguyen Giang