On May 8, 2019, the State Bank of Vietnam (SBV) issued Decision No. 972/QD-NHNN revising the License of Southeast Asia Commercial Joint Stock Bank (SeaBank).
Accordingly, the SBV Governor approved the revision of the substance in Point 4 of License No. 0051/NH-GP dated March 25, 1994 issued for SeaBank, and Paragraph c of Article 1 of Decision No. 47/QD-NH5 dated March 25, 1994, to read as follows: “Charter capital: VND 7,688,000,000,000.”
SeaBank 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. 0051/NH-GP dated March 25, 1994 issued for SeaBank, and Paragraph c of Article 1 of Decision No. 47/QD-NH5 dated March 25, 1994. Decision No. 539/QD-NHNN dated March 26, 2014 ceased to be effective from the date of signing of this Decision.
Le Hang