On September 14, 2022, the Governor of the State Bank of Vietnam (SBV) issued Decision No. 1566/QD-NHNN revising the charter capital substance in the License for the Establishment and Operations of the National Citizen Commercial Joint Stock Bank (NCB).
Accordingly, the SBV Governor has decided to revise the charter capital substance in Article 4 of the License for the Establishment and Operations No. 0057/NH-GP dated September 18, 1995 issued by the SBV Governor to the NCB, and Paragraph c of Article 1 of Decision No. 253/QD-NH5 dated September 18, 1995 on the issuance of the License for the Establishment and Operations of the NCB, to read as follows:
“The charter capital: VND 5,601,555,870,000 (Five thousand six hundred oh one billion, five hundred fifty-five million, eight hundred seventy thousand Vietnamese Dongs)”.
The NCB 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 Establishment and Operations No. 0057/NH-GP dated September 18, 1995 issued by the SBV Governor to the NCB, and Decision No. 253/QD-NH5 dated September 18, 1995 of the SBV Governor on the issuance of the License for the Establishment and Operations of the NCB.
Decision No. 2547/QD-NHNN dated December 09, 2019 revising the charter capital substance in the License for the Establishment and Operations of the NCB ceased to be effective from September 14, 2022.
LK