Deutsche Bank AG Ho Chi Minh City branch increases granted capital

Fri, May 19, 2023, 12:04:00

Deutsche Bank AG - Ho Chi Minh City branch's granted capital has been increased to $200.08 million and updated as per State Bank of Vietnam (SBV) Decision No.401/QD-HCM dated May 12, 2023.

On May 12, 2023, the director of the SBV's Ho Chi Minh City Branch signed Decision 401 on amending the granted capital mentioned in Article 2 of Licence No.50/GP-HCM dated January 21, 2022 for Deutsche Bank AG - Ho Chi Minh City Branch. Accordingly, Deutsche Bank AG - Ho Chi Minh City Branch has increased its tier 1 capital by $100 million to increase its granted capital to $200.08 million.