The State Bank of Vietnam (SBV) issued Decision No. 1261/QĐ-NHNN on March 03 to revise the License of the Vietnam Prosperity Joint-Stock Commercial Bank (VPBank).
Accordingly, the SBV Governor has approved the revision of Point 4 of License 0042/NH-GP dated August 12, 1993, Item c of Article 1 of Decision No. 150/QĐ-NH5 dated August 12, 1993 on granting license for the VPBank to set its charter capital as VND 9,181 billion.
VPBank is responsible for complying with Item 4 of Article 29 of the Law on Credit Institutions.
This Decision took effect on the date of signing and is an integral part of Decision No. 150/QĐ-NH5 dated August 12, 1993 and License No. 0042/NH-GP dated August 12, 1993. Decision No. 1261/QĐ-NHNN dated June 30, 2015 on revising VPBank’s License will cease to be effective.
MH