On December 29, 2021, the State Bank of Vietnam (SBV) issued Decision No. 2103/QD-NHNN revising the charter capital substance in the License for the Operations of Kien Long Commercial Joint Stock Bank (KienlongBank).
Accordingly, the SBV has revised the charter capital substance in Article 4 of the License for the Operations No. 0056/NH-GP dated September 18, 1995 issued by the SBV Governor to KienlongBank and Paragraph c of Article 1 of Decision No. 255/QD-NH5 dated September 18, 1995 of the SBV Governor issuing the License for the Operations of KienlongBank, to read as follows:
“Charter capital: VND 3,652,818,780,000 (In words: Three thousand six hundred fifty-two billion, eight hundred eighteen million, seven hundred eighty thousand Vietnamese Dongs)”.
KienlongBank shall be responsible for implementing the procedures as prescribed for in Paragraph 4 of Article 29 of the 2010 Law on Credit Institutions (as amended and supplemented in 2017) and other relevant provisions of law regarding the above revision.
This Decision took effect from the date of signing and is an integral part of the License for the Operations No. 0056/NH-GP dated September 18, 1995 issued by the SBV Governor to KienlongBank and Decision No. 255/QD-NH5 dated September 18, 1995 of the SBV Governor issuing the License for the Operations of KienlongBank.
Decision No. 2360/QD-NHNN dated November 30, 2018 issued by the SBV Governor revising the charter capital substance in the License for the Operations of KienlongBank ceased to be effective from December 29, 2021.
LK