On April 24th, 2018, the State Bank of Vietnam (SBV) issued Decision No. 860/QD-NHNN amending the License for Establishment and Operation of Orient Commercial Joint Stock Bank (OCB).
Accordingly, SBV Governor approved the amendment of Point 4 of the License for Establishment and Operation No. 0061/NH-GP dated April 13th, 1996 and Paragraph c Article 1 Decision No. 89/QD-NH5 dated April 13th, 1996 granted for OCB as follows: “Charter capital: VND 5,000,000,000,000 (Five trillion Vietnam dongs).
OCB is responsible for implementing the provisions of Paragraph 4, Article 29 of the Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of Decision No.89/QD-NH5 dated April 13th, 1996 and License for Establishment and Operation No. 0061/NH-GP dated April 13th, 1996 issued by SBV Governor.
Decision No. 860/QD-NHNN replaces Decision No. 1382/QD-NHNN dated July 6th, 2016 on the amendment of License for Establishment and Operation of Orient Commercial Joint Stock Bank.
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