Deutsche Bank AG Ho Chi Minh City branch increases granted capital

May 19, 2023 | 14:08
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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.

Deutsche Bank AG Ho Chi Minh City branch increases granted capital
Huynh Buu Quang, chief country officer at Deutsche Bank

Official Announcement

Deutsche Bank AG Ho Chi Minh City branch increases granted capital
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