Tiếng Việt
14/042020
SBV revises License of CEP

Accordingly, the SBV has approved the modification of the CEP’s charter capital from VND 500,000,000,000 (Five hundred billion Vietnamese dongs) to 907,927,316,633 VND (Nine hundred and seven billion, nine hundred and twenty seven million, three hundred and sixteen thousand, six hundred thirty three Vietnamese dongs) from the Reserve fund for charter capital supplement, the Development investment fund, the financing of organizations and individuals; and the financing of Ho Chi Minh City Confederation of Labor.

Also in this Document, the SBV has amended Paragraph 3, Article 1 of the Establishment and Operation License No. 1234/GP-HCM dated October 28, 2016 issued by the Director of the SBV Ho Chi Minh City Branch to the CEP, to read as follows:

“Charter capital: VND 907,927,316,633 (Nine hundred and seven billion, nine hundred and twenty seven million, three hundred and sixteen thousand, six hundred thirty three Vietnamese dongs)”.

The CEP is responsible for complying with the provisions of Article 16 of Circular No. 10/2018/TT-NHNN of the SBV dated April 9, 2018 stipulating the dossiers, sequences and procedures for approving the changes of microfinance institutions.

This Decision took effect from the date of signing and is an integral part of the Establishment and Operation License No. 1234/GP-HCM dated October 28, 2016 issued by the Director of the SBV Ho Chi Minh City Branch to the CEP.

Source: sbv.gov.vn