| STATE BANK OF VIETNAM ---------- No. 397/NHNN-TTGSNH Re: making plan of charter capital increase in the fiscal year 2010 | SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness -------------------------- Hanoi, 14 January 2010 |
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To: | - State owned commercial banks - Joint venture banks - 100% foreign owned banks - Non-banking CIs other than non-joint stock bank CIs |
In order to ensure the implementation of charter capital increase schedule by credit institutions (CI) in accordance with provisions in the Decree No. 141/2006/ND-CP dated 22/11/2006 of the Government on the issuance of List of legal capital levels applicable to CIs (Decree 141), the Governor of the State Bank hereby requires your good unit:
1. To promptly make a plan of capital increase in the fiscal year 2010 and submit to competent levels for approval in accordance with current provisions (which clearly states progress of capital increase and solutions for the case where CIs fail to reach this level of capital).
