Governor of the State Bank of Vietnam (SBV) issued Decision No.929/QĐ-NHNN on April 29, 2016 to extend operational duration of Mega International Commercial Bank Co., Ltd, Hochiminh City Branch.
Accordingly, Governor decided to change the operational duration written in Item 4 of Licenses No. 25/NH-GP dated on May 3, 1996 issued by the SBV Governor to Mega International Commercial Bank Co., Ltd (used to be International Commercial Bank of China) as follows: the operation duration of Mega International Commercial Bank, Hochiminh City Branch is 99 years from May 3, 2016.
Hochiminh City Branch of Mega International Commercial Bank is responsible to complete business registration to authorities on the change of its operational duration, and to announce the change via public media in accordance with Item 4, Article 29 in Laws on Credit Institutions.
This Decision took effect from May 3, 2016 and is an integral part of Licence for Licenses No. 25/NH-GP.
Thoa Le