Vietnam Rubber Finance Co allowed to hike cap from 1tr dong to nearly 1.59tr dong

06-Jun-2011 Intellasia | SBV | 6:44 PM

The State Bank of Vietnam (SBV)’s governor on June 3 issued a Decision No 1225/QD-NHNN amending and supplementing the license for Vietnam Rubber Finance One-member Ltd Co whereby the company is allowed to scale up its chartered capital from one trillion dong to nearly 1.59 trillion dong.

The decision took effect as of the signing date.

Formed on October 6, 1998, Vietnam Rubber Finance Co ltd is an essential financial instrument for Vietnam Rubber Industry Group.

The company’s major products are capital mobilisation, lending activities, investment, business and other finance operations.