On February 21st, 2019, the State Bank of Vietnam (SBV) issued Decision No. 300/QD-NHNN approving the revision of the charter capital in the License for the Establishment and Operations of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).
Accordingly, the SBV Governor approved the modification of the charter capital mentioned in Article 2 of the License for the Establishment and Operations No. 138/GP-NHNN dated May 23rd, 2008 issued to Vietcombank, to read as follows: “The charter capital of Vietcombank is VND 37,088,774,480,000 (Thirty-seven thousand, eighty eight billion, seven hundred and seventy four million, four hundred and eighty thousand Vietnamese dongs)”.
Vietcombank is responsible for carrying out the procedures as stipulated in Paragraph 4 of Article 29 of the Law on Credit Institutions with regard to the above-mentioned revised substance.
This Decision took effect from the date of signing and is an integral part of License No. 138/GP-NHNN dated May 23rd, 2008, and shall replace Decision No. 95/QD-NHNN by the SBV Governor dated January 18th, 2017 approving the revision of the License for the Establishment and Operations of Vietcombank.
VA