Sacombank’s revised charter capital approved

The Governor of the State Bank of Vietnam (SBV) issued Decision No. 81/QĐ-NHNN on January 31, 2012 to approve the revised charter capital of the Sai Gon Thuong Tin Joint – Stock Commercial Bank (Sacombank).

Accordingly, the SBV Governor approved the revision of Article 4 of Sacombank’s License No.0006/GP-NH dated December 5, 1991 to bring its charter capital up to VND 10,739,676,640,000.

The Sacombank is responsible for revising its Regulations, registering the new charter capital in accordance with applicable law.

The Decision took effect on the date of signing and is an integral part of its License No. 0006/GP-NH dated December 5, 1991.

The SBV Governor assigned the Director of the SBV branch in Ho Chi Minh City to direct, supervise and monitor the implementation of the aforesaid Decision by the Sacombank.

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