On March 8, 2019, the State Bank of Vietnam (SBV) issued Decision No. 393/QD-NHNN revising the License for the Establishment and Operations of Tien Phong Commercial Joint Stock Bank (TienPhongBank).
Accordingly, the SBV Governor approved the revision of the substances in Article 2 of License No. 123/GP-NHNN dated May 5, 2008 for TienPhongBank, to read as follows: “Charter capital: VND 8,565,892,060,000.”
TienPhongBank is responsible for implementing the procedures in line with Paragraph 4 of the Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of License No. 123/GP-NHNN dated May 5, 2008 for TienPhongBank. The previous Decision No.1565/QD-NHNN dated August 3, 2018 of the SBV Governor revising the License for the Establishment and Operations of TienPhongBank ceased to be valid from the date of this new Decision’s signing.
Le Hang