On March 23, 2020, the State Bank of Vietnam (SBV) issued Decision No. 508/QD-NHNN revising the charter capital in the Establishment and Operation License of the Military Commercial Joint Stock Bank (MB).
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Accordingly, the SBV Governor has approved of the revision of the substance in Article 2 of License No. 100/GP-NHNN dated October 16, 2018 issued for MB, to read as follows:
"Article 2. The charter capital of the Military Commercial Joint Stock Bank is: VND 24,370,428,610,000 (In words: Twenty-four thousand three hundred seventy billion, four hundred twenty-eight million, six hundred ten thousand Vietnamese dongs)".
The MB is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the Law on Credit Institutions (as amended and supplemented in 2017).
This Decision took effect from the date of signing and is an integral part of License No. 100/GP-NHNN dated October 16, 2018 issued for the MB. Decision No. 2469/QD-NHNN dated November 26, 2019 on the revision of the charter capital of the MB ceased to be effective from the date of signing of this Decision.
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