The Governor of the State Bank of Vietnam (SBV) issued Document No.1593/QĐ-NHNN on August 5, 2016 to revise charter capital written in the License of the establishment and operation of Military Commercial Joint Stock Bank (MB).
Accordingly, the SBV Governor revised content at Point 4 of License of MB establishment and operation No. 0054/NH-GP dated September 14, 1994 issued by SBV Governor and Item c Article 1 of Decision No. 194/QĐ-NH5 dated September 14, 1994 issued by SBV Governor on licensing MB as follows: “Charter Capital: VND 16.311.818.180.000”.
MB is responsible to implement legal procedures stipulated in Item 3, Article 18b of Circular No.40/2011/TT-NHNN dated December 15, 2011 issued by SBV Governor on granting license and organization, performance of commercial banks, branches of foreign banks, representative offices of foreign credit institutions and other foreign organization having banking operations in Vietnam ( revised and supplemented by Circular No 08/2015/TT-NHNN) to the mentioned above content.
Decision No.1593/QĐ-NHNN took effect on the date of signing and is an integral part of License No. 0054/NH-GP dated September 14, 1994 issued by the SBV Governor for MB and Decision No.194/QĐ-NH5 dated September 14, 1994 issued by the SBV Governor on the License of the establishment and operation of MB.
Decision No.2577/QĐ-NHNN dated December 16, 2015 on revising charter capital written in the License of the establishment and operation of MB ceases to be effective from the date of signing this Decision.
Giang Nguyen