VNStockNews.com - State Bank of Vietnam (SBV) on May 28 approved STC-listed Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank-STB) to scale up chartered capital from over 6.7 trillion dong to nearly 9.2 trillion dong according to the plan approved by the bank's annual shareholder's meeting on March 15.
The central bank also requires Sacombank to complete documents in accordance with the Dispatch No 117/CV-HDQT dated April 13, 2010 issued by Sacombank's chair of director board.
In addition, the bank has to carry out legal procedures and current relevant regulations on hiking chartered capital.
This document will be effective for 12 months as of the signing date.
