The State Bank of Vietnam (SBV) issued Decision No. 2577/QĐ-NHNN on December 16 to revise the License of the Military Commercial Joint – Stock Bank (MB).
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Accordingly, the SBV Governor has approved the revision of Point 4 of License No. 0054/NH-GP dated September 14, 1994 and Item c of Article 1 of Decision No. 194/QĐ-NH5 dated September 14, 1994 to set its charter capital as VND 16 trillion.
The MB is responsible for implementing procedures in line with Item 4 of Article 29 of the Law on Credit Institutions.
This Decision took effect on the date of signing and replaces Decision No. 2736/QĐ-NHNN dated December 25, 2014 on revising MB’s charter capital. At the same time, the Decision is an integral part of License No. 0054/NH-GP dated September 14, 1994 and Decision No. 194/QĐ-NH5 dated September 14, 1994.
LH