On April 22, 2021, the State Bank of Vietnam (SBV) issued Decision No.684/QD-NHNN revising the License of VPBank Finance Company Limited (VPB FC).
Accordingly, the SBV Governor has approved of the revision of the substance in Paragraph 2 of Article 1 of License No.64/GP-NHNN dated October 30, 2017 issued by the SBV Governor to VPB FC, to read as follows: “2. Address of the head office: 2nd Floor, REE Tower, No.9 Doan Van Bo street, Ward 13, District 4, Ho Chi Minh City”.
In addition, Article 2 of License No.64/GP-NHNN dated October 30, 2017 issued by the SBV Governor to VPB FC has been revised as follows: “Charter capital of VPB FC is VND 10,928 billion (Ten thousand nine hundred and twenty eight billion Vietnamese dongs), which is wholly owned by VPBank”.
This Decision took effect from the date of signing and is an integral part of License No.64/GP-NHNN dated October 30, 2017 issued by the SBV Governor to VPB FC. Decision No.1864/QD-NHNN dated September 27, 2018 amending the charter capital as written in the VPB FC’s License ceased to be effective from the date of signing of this new Decision.
VPB FC 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) and other relevant regulations.
Le Hang