On October 16, 2018 the State Bank of Vietnam (SBV) issued Decision No.2011/QD-NHNN revising the License of Orient Commercial Joint-stock Bank (OCB).
Accordingly, the SBV Governor approved the revision of the substances in Paragraph 4 of License No.0061/NH-GP dated April 13, 1996 for the OCB and Paragraph c of Article 1 of Decision No.89/QD-NH5 dated April 13, 1996, to read as follows: “Charter capital: VND 6,599,210,630,000.”
The OCB is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of License No. 0061/NH-GP dated April 13, 1996 for the OCB and Paragraph c of Article 1 of Decision No.89/QD-NH5 dated April 13, 1996. Decision No.860/QD-NHNN dated April 24, 2018 amending the charter capital as written in the OCB’s License shall cease to be valid from the date of signing of this new Decision.
Le Hang