On October 28, 2020, the State Bank of Vietnam (SBV) issued Decision No. 1854/QD-NHNN on the revision of the charter capital in the License of Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank).
Accordingly, the SBV has approved of the revision of Article 2 of License No. 26/GP-NHNN dated February 12, 2020 issued by the SBV Governor for HDBank, to read as follows:
“Article 2. Charter capital of HDBank is VND 12,707,763,650,000 (in words: twelve thousand seven hundred and seven billion, seven hundred and sixty three million, six hundred and fifty thousand Vietnamese dongs)”.
HDBank is responsible for implementing the regulations in Paragraph 4 of Article 29 of the 2010 Law on Credit Institutions (as amended and supplemented in 2017) and other relevant laws.
This Decision took effect from the date of signing and is an integral part of License No. 26/GP-NHNN dated February 12, 2020 issued by the SBV Governor for HDBank.
Le Hang