On August 09, 2022, the State Bank of Vietnam (SBV) issued Decision No. 1410/QD-NHNN revising the charter capital substance in the License for the Establishment and Operations of Bac A Joint Stock Commercial Bank (BAC A BANK).
Accordingly, the SBV Governor has approved of a revision of the charter capital substance in Article 2 of the License for the Establishment and Operations No. 47/GP-NHNN dated April 16, 2019 issued by the SBV Governor to BAC A BANK, to read as follows:
“Article 2. The charter capital of BAC A BANK is: VND 8,133,863,400,000 (Eight thousand one hundred thirty-three billion, eight hundred sixty-three million, four hundred thousand Vietnamese Dongs)”.
BAC A BANK 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) regarding the above revision.
This Decision took effect from the date of signing and is an integral part of the License for the Establishment and Operations No. 47/GP-NHNN dated April 16, 2019 issued by the SBV Governor to BAC A BANK.
Decision No. 1667/QD-NHNN dated October 22, 2021 issued by the SBV Governor revising the charter capital substance in the License for the Establishment and Operations No. 47/GP-NHNN dated April 16, 2019 issued by the SBV Governor to BAC A BANK ceased to be effective from August 09, 2022.
LK