On July 2nd, 2018, the State Bank of Vietnam (SBV) issued Decision No. 1384/QD-NHNN amending the operation license of Bank of China (Hong Kong) Limited – Ho Chi Minh City branch.
Accordingly, SBV amends Article I of the operation license of the foreign bank branch No. 21/NH-GP dated July 24th, 1995 issued by the SBV Governor to the Bank of China (Hong Kong) Limited - Ho Chi Minh City branch to: " Granted capital: 100 million USD (One hundred million US dollars)".
Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch is responsible for implementing the provisions of Paragraph 4, Article 29 of the Law on Credit Institutions.
This Decision takes effect from the date of its signing and is an integral part of the operation license of the foreign bank branch No. 21/NH-GP dated July 24th, 1995 issued by the SBV Governor to the Bank of China (Hong Kong) Limited - Ho Chi Minh City branch.
VA