TrustBank allowed to increase charter capital

The Governor of the State Bank of Vietnam (SBV), on February 19, issued Document No.1105/NHNN-CNH to permit the Great Trust Joint-Stock Commercial Bank (TrustBank) to increase its charter capital from the surplus of its equity.

TrustBank is required to register and publicize its new charter capital in accordance with the Vietnamese law.

On the same day, the SBV Governor also issued Document No.1104/NHNN-CNH to allow TrustBank to open a branch in Long An province.

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