The State Bank of Vietnam (SBV) issued Decision No. 2634/QD-NHNN on December 14, 2017 to revise the License of Vietnam Technological and Commercial Joint-stock Bank (Techcombank).
Accordingly, the SBV Governor approved the revision of the substances in Paragraph 4 of License No. 0040/NH-GP dated August 6, 1993 for the Techcombank and Paragraph c of Article 1 of Decision No. 143/QD-NH5 dated August 6, 1993, to read as follows: “Charter capital: VND 9,578,078,710,000.”
The Techcombank is responsible for implementing the procedures in line with Paragraph 3 of Article 18b of Circular No.40/2011/TT-NHNN dated December 15, 2011 on granting licenses to commercial banks, foreign bank branches and representative offices of foreign credit institutions and other foreign institutions with banking operations in Vietnam (as amended and supplemented by Circular No. 08/2015/TT-NHNN dated June 30, 2015).
This Decision took effect from the date of signing and is an integral part of License No. 0040/NH-GP dated August 6, 1993 for the Techcombank and Decision No. 143/QD-NH5 of the SBV Governor for the Techcombank dated August 6, 1993.
Former Decision No. 2978/QD-NHNN dated December 19, 2013 amending the charter capital as written in the Techcombank’s License ceased to be effective from the date of signing of this new Decision.
Le Hang