On August 23rd, 2018, the State Bank of Vietnam issued Decision No.1670/QD-NHNN approving the revision in the Operation License of Vietnam Prosperity Joint-Stock Commercial Bank (VPBank).
Accordingly, the SBV Governor approved the amendment to Point 4 of License No.0042/NH-GP dated August 12th, 1993 issued for VPBank; Paragraph c, Article 1 of Decision No.150/QD-NH5 dated August 12th, 1993 by the SBV Governor granting the Operation License for VPBank as “Charter capital: VND 24,962,728,720,000 (Twenty four thousand nine hundred sixty two billion, seven hundred twenty eight million, seven hundred and twenty thousand Vietnamese dongs)."
VPBank 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 signing and is an integral part of Decision No.150/QD-NH5 dated August 12th, 1993 of the SBV Governor granting the Operation License to VPBank, License No.0042/NH-GP dated August 12th, 1993 issued for VPBank. Decision No.2336/QD-NHNN dated November 07th, 2017 of the SBV Governor amending the Operation License of VPBank shall cease to be effective from the effective date of this Decision.
VA