The State Bank of Vietnam (SBV) issued Decision No. 1807/QD-NHNN on September 14, 2018 to revise the License of Bac A Commercial Joint-stock Bank (BacABank).
Accordingly, the SBV Governor approved the revision of the substances in Paragraph 4 of License No. 0052/GP-NHNN dated September 01, 1994 for the BacABank and Paragraph c of Article 1 of Decision No.183/QD-NH5 dated September 01, 1994, to read as follows: “Charter capital: VND 5,500,000,000,000.”
The BacABank is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of 0052/GP-NHNN dated September 01, 1994 for the BacABank and Paragraph c of Article 1 of Decision No.183/QD-NH5 dated September 01, 1994.
Decision No. 1270/QD-NHNN dated June 15, 2016 amending the charter capital as written in the BacABank’s License ceased to be effective from the date of signing of this new Decision.
Le Hang