CTG: Global Money Transfer Company setup

On October 06, 2011, the State Bank of Vietnam issued Decision No.2187/QD-NHNN to allow Viet Nam Joint Stock Commercial Bank for Industry and Trade (HOSE: CTG) to establish VietinBank Global Money Transfer Company:

1. Company name:

Name in Vietnamese: Công ty TNHH Một Thành viên Chuyển tiền Toàn cầu – Ngân hàng Thuơng mại Cổ phần Công thương Việt Nam;

Name in English: VietinBank Global Money Transfer Company;

Trade name: Công ty Chuyển tiền Toàn cầu VietinBank

2. Headquarter: 3rd Floor, 126 Doi Can, Ba Dinh, Ha Noi

3. Legal form: A one-member limited company, with 100% capital held by VietinBank

4. Charter capital: VND50 billion

5. Function: Supplying money transfer services to individuals between Viet Nam and other countries or within countries; paying foreign currencies not relating to import – export payment of goods and services under relevant regulations.

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