On August 6, 2021, the State Bank of Vietnam (SBV) issued Decision No. 1313/QD-NHNN revising the License on the Establishment and Operations of the Vietnam International Commercial Joint Stock Bank (VIB).
Accordingly, the SBV Governor has approved of the revision of the substance in Article 2 of License No. 95/GP-NHNN dated September 28, 2018 issued by the SBV Governor to the VIB, to read as follows: “The charter capital of the Vietnam International Commercial Joint Stock Bank is: VND 15,531,429,930,000 (Fifteen thousand five hundred thirty-one billion, four hundred twenty-nine million, nine hundred thirty thousand Vietnamese Dongs)”.
In relation to the above revision, the VIB 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 applicable laws.
This Decision took effect from the date of signing and is an integral part of License No. 95/GP-NHNN dated September 28, 2018 issued by the SBV Governor to the VIB. Decision No. 23/QD-NHNN dated January 14, 2021 on the revision of the VIB’s License ceased to be effective from the date of signing of this new Decision.
Le Hang