On November 27th, 2018, the State Bank of Vietnam (SBV) issued Decision No. 2336/QD-NHNN amending the License for the Establishment and Operations of Sai Gon Joint Stock Commercial Bank (SCB).
Accordingly, the SBV Governor approved the amendment of Article 2 of the License for the Establishment and Operations of the SCB, to read as follows: “Charter capital: VND 15,231,688,100,000 (Fifteen thousand two hundred thirty one billion, six hundred eighty eight million, one hundred thousand Vietnamese dongs)”.
The SCB is responsible for carrying out the procedures stipulated in 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 License No. 283/GP-NHNN dated December 26th, 2011 issued by the SBV Governor to the SCB. This Decision shall replace Decision No. 253/QD-NHNN dated February 7th, 2018 amending the charter capital content in the License for the Establishment and Operations of the SCB.
VA