- 05 / 01 / 2020 -
The level of legal capital of a credit institution, foreign bank’s branch
On November 14, 2019, the Government issued Decree 86/2019 / ND-CP providing for the legal capital of credit institutions and foreign bank branches. This Decree takes effect from January 15, 2020. Accordingly, Article 2 of the Decree stipulates the level of legal capital for each entity as follows: 1. Commercial bank: VND 3,000 billion 2. […]