The State Bank of Vietnam (SBV) issued Decision No. 621/QĐ-NHNN on March 30 to revise License of An Binh Commercial Joint – Stock Bank (ABB).
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Accordingly, the SBV Governor has approved the revision of Item 4 of License No. 0031/NH-GP dated April 15, 1993 of the SBV Governor for the ABB and Item c of Article 1 of Decision No. 77/QĐ-NH5 dated April 15, 1993 as follows : “Charter capital: VND 5,319,496,290,000.
ABB is responsible for implementing procedures in accordance with Item 4 of Article 29 of Law on Credit Institutions.
The SBV Governor assigned Banking Supervision Agency (Banking Supervision Division in Hanoi) to monitor the implementation of the ABB in line with SBV regulations and guidance documents.
This Decision is an integral part of License No. 0031/NH-GP dated April 15, 1993 of the SBV Governor for the ABB. Decision No. 1788/QĐ-NHNN dated August 19, 2013 on revising License of ABB ceased to be effective from the date of signing Decision No. 621/QĐ-NHNN.
Le Hang