China bank increases charter capital in Vietnam
(VOV) -The State Bank of Vietnam (SBV) has accepted the request of Ho Chi Minh City Branch of the Overseas-Chinese Corporation Limited (OCBC bank) to increase its charter capital by US$6 million to US$31 million.
The SBV Decision is effective over a year, and in the event the capital addition is not completed within the allotted time, the authorization expires.
On March 24 the SBV permitted OCBC bank to change its charter capital, bringing it up to USD25 million.