SBV confirms registration of revised Charter of Vietnam – Russia Joint venture Bank

The State Bank of Vietnam (SBV) issued Document No.9263/NHNN-TTGSNH on November 10, 2017 confirming the registration of the revised Charter of the Vietnam – Russia Joint venture Bank (VRB).

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SBV confirms registration of revised Charter of Vietnam – Russia Joint venture Bank

The State Bank of Vietnam (SBV) issued Document No.9263/NHNN-TTGSNH on November 10, 2017 confirming the registration of the revised Charter of the Vietnam – Russia Joint venture Bank (VRB).

Accordingly, the SBV confirmed the registration of the revised Charter at the request of the VRB in Document No. 01310/TT-VRB dated October 23, 2017, in line with the approval of VRB’s Board of Directors in its Resolution dated October 11, 2017.

The VRB is responsible for the substances of its revised Charter and for ensuring the compliance with applicable laws.

In case any substances of the revised Charter are not in compliance with the laws, these paragraphs and articles will not be effective and the VRB is responsible for promptly revising its Charter to be in compliance with the laws. The revised substances of the Charter must be registered at the SBV (via the Banking Supervision Agency) within 15 days from the approval date of the revised Charter by the VRB’s competent body.

Le Hang