On October 27, 2021, the State Bank of Vietnam (SBV) issued Decision No.1695/QD-NHNN revising the License for the Establishment and Operations of Vietnam Technological and Commercial Joint Stock Bank (Techcombank).
Accordingly, the SBV Governor has decided to revise the substance in Article 2 of License No. 38/GP-NHNN dated March 6, 2018 issued to Techcombank, to read as follows: “Article 2. The charter capital of Vietnam Technological and Commercial Joint Stock Bank is VND 35,109,147,980,000 (thirty five thousand one hundred oh nine billion, one hundred forty seven million, nine hundred eighty thousand Vietnamese Dongs.”
Techcombank 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.
This Decision took effect from the date of signing and is an integral part of the License for the Establishment and Operations No.38/GP-NHNN dated March 6, 2018 issued to Techcombank. Also, Decision No.282/QD-NHNN dated March 9, 2021 amending the charter capital as written in Techcombank’s License ceased to be valid from the date of signing of this new Decision.
Le Hang