On June 7, 2021, the State Bank of Vietnam (SBV) issued Decision No. 957/QD-NHNN revising the charter capital in the License of Saigon Hanoi Commercial Joint Stock Bank (SHB).
Accordingly, Article 2 of License No. 115/GP-NHNN dated November 30, 2018 issued by the SBV Governor for the SHB has been revised, to read as follows: “Charter capital of the SHB is VND 19,260,488,370,000 (In words: Nineteen thousand two hundred sixty billion, four hundred eighty-eight million, three hundred seventy thousand Vietnamese Dongs.)”
The SHB 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) applied for the above amendment.
This Decision took effect from the date of signing and is an integral part of License No. 115/GP-NHNN dated November 30, 2018, and shall replace Decision No. 284/QD-NHNN dated October 3, 2021 issued by the SBV Governor approving the revision of the charter capital in the License of the SHB.
LK