On January 14, 2021, the State Bank of Vietnam (SBV) issued Decision No. 23/QD-NHNN revising the License for the Establishment and Operations of Vietnam International Commercial Joint Stock Bank (VIB).
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Accordingly, the SBV Governor has approved of a revision of the substance in Article 2 of License No. 95/GP-NHNN dated September 28, 2018 issued for the VIB, to read as follows: “Charter capital of Vietnam International Commercial Joint Stock Bank: VND 11,093,878,520,000 (in words: Eleven thousand ninety-three billion, eight hundred seventy-eight million, five hundred twenty thousand Vietnamese dongs).”
The VIB is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the 2010 Law on Credit Institutions (as amended and supplemented in 2017).
Decision No. 23/QD-NHNN took effect from the date of signing and is an integral part of License No. 95/GP-NHNN. Decision No. 2119/QD-NHNN dated October 11, 2019 revising the License for the Establishment and Operations of the VIB ceased to be effective from January 14, 2021.
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