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21 commercial banks and 6 finance companies have been approved to increase charter capital by the State bank.

According to a report sent to the National Assembly, the State Bank (SBV) had informed about coordinating with relevant ministries and branches to submit to the Prime Minister for consideration of supplementing state capital for BIDV from the remaining profit after taxes, After setting up funds in 2021 and directing Vietcombank and VietinBank to complete the plan to enhance capital from the remaining profit after taxes, after setting up funds in 2021…

 

Implementing Resolution 43/2022/QH15 of the National Assembly and Resolution 11/NQ-CP of the Government, authorized by the Prime Minister, the State Bank of Vietnam presented and reported to the National Assembly at the 5th session of the 15th National Assembly. on some contents of increasing Agribank's charter capital from the state budget to the amount of 17,100 billion VND (of which 2023: 6,753 billion VND; 2024: 10,347 billion VND).

on behalf of the Government, the SBV has signed document No. 288/CP-KTTH on June 9, 2023, and sent it to the National Assembly's Economic Committee to have a unanimity on the content expected to be included in the Resolution of the 5th session, 15th National Assembly on investment policy to supplement Agribank's charter capital

For three joint stock commercial banks with over 50% of charter capital possessed by the State (Vietcombank, VietinBank, BIDV), the State Bank has coordinated with relevant ministries and branches to submit to the Prime Minister for consideration of supplementing state capital for BIDV from the remaining profit after taxes, after setting up funds in 2021 and instructing Vietcombank and VietinBank to complete the plan to increase capital from the remaining profit after taxes, after setting up funds in 2021 for submission and approval

In addition, to improve the financial capacity of national commercial banks, based on the proposal of the State Bank, the Prime Minister promulgated Decision No. 326/QD-TTg on March 31, 2023, approved Investment plan to supplement state capital at Vietcombank from the source of dividend payments to state shareholders through Vietcombank issuing shares to pay dividends from the remaining profit after taxes, after fund deductions and distribution. Cash dividends, stock dividends in 2019, from the remaining profit after taxes, after appropriation of funds and cash dividends in 2020.

The State Bank has submitted to the Prime Minister for approval a plan to invest in additional state capital at VietinBank from the remaining profit after tax, after appropriation to funds in 2020.

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