RFC allowed to increase charter capital

The State Bank of Vietnam (SBV) issued Decision No. 1225/QĐ-NHNN on June 3 to permit the Rubber Finance Company (RFC) to increase its charter capital.

Accordingly, the RFC is allowed to increase its charter capital to VND 1,588,970,707,414 from VND 1,000 billion. At the same time, the Company is permitted to revise Item C of Article 1 of Decision No.328/1998/QĐ-NHNN5 of the SBV Governor dated October 6, 1998 on granting license to the RFC and Article 4 of License No.02/GP-NHNN dated October 6, 1998 on its charter capital

This Decision took effect on the date of signing and is an integral part of Decision No.328/1998/QĐ-NHNN5 dated October 6, 1998 of the SBV Governor on granting license to the RFC and License No. 02/GP-NHNN dated October 6, 1998 on its charter capital.

The Company is responsible for registering and publicizing its new charter capital and reporting the implementation process in accordance with the Law on Credit institutions and other relevant legal texts.

Diem Hang

sbv

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