Deutsche Bank's HCM City branch to increase capital

State Bank of Viet Nam increased the allocated capital for Deutsche Bank AG, HCM City branch, from US$24 million to $50.08 million.

Previously, the Governor pf the State Bank of Viet Nam also approved to increase the capital of OCBC Bank, Ho Chi Minh City branch to $25 million.

Deutsche Bank AG and OCBC Bank are responsible for implementing the allocated capital, registering with State agencies and announcing the change in information under the Law on Credit Institutions.