On April 12th, 2019, the State Bank of Vietnam (SBV) issued Decision No. 756/QD-NHNN on the amendment of the charter capital of the Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch.
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Accordingly, the SBV Governor approved the amendment of the charter capital stipulated in Article 1 of License for the Operations of a foreign bank branch No. 21/NH-GP dated July 24th, 1995 issued by the SBV Governor to BANK OF CHINA - HOCHIMINH CITY BRANCH (now known as the Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch), to read as follows: "Granted capital: USD 180,000,000 (One hundred and eighty million United States dollars)".
The Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch is responsible for implementing the provisions of 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 the License for the Operations of a foreign bank branch No. 21/NH-GP dated July 24th, 1995 issued by the SBV Governor to the Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch.
VA