On July 4th, 2018, the State Bank of Vietnam (SBV) issued Decision No. 1403/QD-NHNN amending the operation license of Asia Commercial Joint Stock Bank (ACB).
Accordingly, SBV amends Point 4 of License No. 0032/NH-GP dated April 24th, 1993 granted to ACB and Paragraph c Article 1 Decision No. 86/QD-NH5 dated April 24th, 1993 on the issuance of an operating license to ACB as follows: "Charter capital: VND 11,259,140,250,000 (Eleven thousand two hundred and fifty nine billion, one hundred and forty million, two hundred and fifty thousand Vietnam dongs)".
ACB is responsible for implementing the provisions of Paragraph 4 Article 29 of the Law on Credit Institutions on the amended contents stated in this Decision.
This Decision takes effect from the date of signing and is an integral part of Decision No. 86/QD-NH5 of April 24th, 1993 and License No. 0032/NH-GP dated April 24th, 1993 granted to ACB. Decision No. 1197/QD-NHNN dated June 19th, 2017 of the SBV Governor on the amendment of the operation license of Asia Commercial Joint Stock Bank ceases to be effective from the effective date of this Decision.
VA