The State Bank of Vietnam (SBV) issued Decision No. 1190/QĐ-NHNN on June 18 to revise the License of the Ho Chi Minh (HCMC) branch of Industrial Bank of Korea.
Accordingly, the SBV Governor has approved the revision of Article 2 of License No. 04/GP-NHNN of HCMC branch of the Industrial Bank of Korea dated January 8, 2008 to bring its charter capital up to USD125,000,000.
HCMC branch of Industrial Bank of Korea is responsible for registering with the authority and publicizing the revised substance in line with Item 4 of Article 29 of Law on Credit Institutions.
TLH