On October 5, 2021, the State Bank of Vietnam (SBV) issued Decision No. 1591/QD-NHNN revising the charter capital substance in the License of the United Overseas Bank (Vietnam) Ltd. (UOB Vietnam).
Accordingly, the SBV Governor has approved of the modification of the charter capital of the UOB Vietnam by revising Article 2 of License No. 57/GP-NHNN dated September 21, 2017 issued for the UOB Vietnam, to read as follows: “Article 2. Charter capital of the UOB Vietnam is VND 5,000 billion (Five thousand billion Vietnamese Dongs)”.
The UOB Vietnam is responsible for implementing the procedures in line with Paragraph 4 of Article 29 of the Law on Credit Institutions.
This Decision took effect from the date of signing and is an integral part of License No. 57/GP-NHNN dated September 21, 2017 issued for the UOB Vietnam.
Le Hang