Sung Nhon People's Credit Fund announces changes in its operations

- Pursuant to Decision No. 186/QD-KV10, dated May 14, 2025 of the State Bank, Region 10 Branch.

Sung Nhon People's Credit Fund announces its activities as follows:

1. The charter capital of Sung Nhon People's Credit Fund as of December 31, 2024 is VND 2,446,000,000 (in words: Two billion, four hundred and forty-six million VND).

1. Amend and supplement the business contents according to the Establishment and Operation License No. 05/GP-NHNN, dated December 1, 1995, issued by the State Bank, Binh Thuan Province Branch as follows:

a) Mobilizing capital in Vietnamese Dong.

b) Loans in Vietnamese Dong.

c) Other activities:

- Providing money transfer services, performing collection and payment services for members and customers through the CF-ebank system of the Cooperative Bank.

- Agent providing payment services for Cooperative Bank for members and customers of Sung Nhon People's Credit Fund.

- Participate in contributing capital to the Cooperative Bank.

- Open a payment account at the State Bank, Commercial Bank, Cooperative Bank.

- Deposit money at Cooperative Bank.

Source: https://baobinhthuan.com.vn/quy-tin-dung-nhan-dan-sung-nhon-thong-bao-thay-doi-noi-dung-hoat-dong-130296.html