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April 16, 2019, 4:12 p.m. EDT

Vietnam : Modifying the content of granted capital of Bank of China (Hong Kong) Limited

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Apr 16, 2019 (Euclid Infotech Ltd via COMTEX) -- The State Bank of Vietnam (SBV) issued Decision No. 756 / QD-NHNN on amending the content of the capital level granted in the Bank of China Bank's License (Hong Kong). Limited - Ho Chi Minh City Branch. Accordingly, the Governor of the SBV amended the content of the granted capital of Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch as stated in Article I License of foreign bank branch No. 21 / NH -GP on 24/7/1995 issued by the Governor of the State Bank of BANK OF CHINA - HOCHIMINH CITY BRANCH (now Bank of China Bank (Hong Kong) Limited - Ho Chi Minh City Branch) to: : USD 180,000,000 (One hundred and eighty million US dollars).

Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch is responsible for implementing the provisions of Clause 4, Article 29 of the Law on Credit Institutions. This decision takes effect from the date of signing and is an integral part of the License of foreign bank branch No. 21 / NH-GP dated 24/7/1995 issued by the Governor of the State Bank of Vietnam. BANK OF CHINA - HOCHIMINH CITY BRANCH (now Bank of China Bank (Hong Kong) Limited - Ho Chi Minh City Branch).

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