Mar 20, 2019 (Euclid Infotech Ltd via COMTEX) -- On March 13, 2019, the State Bank of Vietnam (SBV) issued Decision No. 1528 / NHNN-TTGSNH on increasing the allocated capital of Bank of China Bank (Hong Kong) Limited - Ho Chi Minh City Branch Minh.
Accordingly , the State Bank approved the Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch to increase its capital from 100 million USD (one hundred million US dollars) to 180 million USD (one hundred and eighty million USD). US dollars).
Bank customers Bank of China (Hong Kong) Limited - Branch Ho Chi Minh City shall: (i) Develop a plan and control credit growth in line with targets SBV approval in 2019; (i) Implementing the capital increase granted in accordance with current law; (iii) Within 15 working days from the date of completion of the increase of the granted capital level, Bank of China (Hong Kong) Limited - Ho Chi Minh City Branch has a written request to amend the capital level. issued at the License to send to the SBV.
Van this effect within a period of 06 months from the date of signing.