The Decision permits the Vietnam Insurance Corporation to participate in the capital contribution for establishing the Commercial Joint Stock Bank of Posts and Telecommunications with a capital of 5 billion VND. This Decision specifies the management of capital and the responsibilities of the related parties.
Đối tượng áp dụng
Vietnam Insurance Corporation, Commercial Joint Stock Bank of Posts and Telecommunications
Các điểm cốt lõi
- The Vietnam Insurance Corporation is permitted to participate in the capital contribution for establishing the Commercial Joint Stock Bank of Posts and Telecommunications (Article 1).
- Deputy General Director Hoang Duyen represents the Vietnam Insurance Corporation to manage the share capital valued at 5 billion VND (Article 2).
- Heads of Departments and related organizations are responsible for implementing this Decision (Article 3).
- This Decision takes effect from the date of signing.
- The Vietnam Insurance Corporation must comply with state regulations on managing the operations of Commercial Joint Stock Banks when participating in capital contributions.
🌐 Tác động xã hội từ văn bản này
- Creating conditions for the Vietnam Insurance Corporation to expand investment in the banking sector, enhancing diversification in business activities.
- It may promote cooperation between financial and insurance organizations, creating new beneficial products and services for customers.
❓ Câu hỏi thường gặp
How much capital does the Vietnam Insurance Corporation contribute to the Commercial Joint Stock Bank of Posts and Telecommunications?
The Vietnam Insurance Corporation contributes a capital of 5 billion VND.
Who represents the Vietnam Insurance Corporation to manage this capital?
Deputy General Director Hoang Duyen represents the Vietnam Insurance Corporation to manage the share capital valued at 5 billion VND.
Toàn văn
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MINISTRY OF FINANCE NUMBER: 88 TC/QĐ/BH |
SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness ------------------------------ |
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HA NOI, February 9, 1995 |
Pursuant to …;
REGARDING: PERMITTING THE VIETNAM INSURANCE JOINT STOCK COMPANY TO PARTICIPATE IN THE CAPITAL CONTRIBUTION FOR THE ESTABLISHMENT OF THE POST AND TELECOMMUNICATIONS COMMERCIAL BANK
THE MINISTER OF FINANCE
Pursuant to Decree No. 15/CP dated March 2, 1993 of the Government on the tasks, powers, and responsibilities for state management of Ministries and ministerial-level agencies;
Pursuant to Decree No. 178/CP dated October 28, 1994 of the Government stipulating the tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to Decree No. 100/CP dated December 18, 1993 of the Government on insurance business; Circular No. 45 TC/CĐKT dated May 30, 1994 of the Ministry of Finance on financial management regulations for insurance enterprises and Circular No. 1666 TC/CN dated July 9, 1994 of the Ministry of Finance amending Circular No. 95 TC/DN dated November 11, 1993 of the Ministry of Finance;
At the request of the General Director of the Vietnam Insurance Joint Stock Company.
Pursuant to …;
Article 1PERMITTING the Vietnam Insurance Joint Stock Company to participate in capital contribution for the establishment of the Post and Telecommunications Commercial Bank in accordance with the State's regulations on managing commercial bank activities.
Article 2APPOINTING Comrade Hoang Duy to represent the Vietnam Insurance Joint Stock Company as Deputy General Director to manage the share capital valued at 5,000,000,000 VND (five billion Vietnamese dong).
Article 3The Heads of the Organization and Cadre Affairs Department, the Financial Management and Administration Department, the Banking and Financial Institutions Financial Department, the Director of the State Capital and Asset Management General Department at Enterprises, the Head of the Ministry’s Office, and the General Director of the Vietnam Insurance Joint Stock Company shall be responsible for implementing this decision./.
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Place of Receipt: - Vietnam Insurance Corporation - TCNH, TVQT, TCDN - Ministry’s Office - To be filed: Office, Cadre and Civil Servant Department |
CERTIFIED BY THE MINISTER OF FINANCE DEPUTY MINISTER
Nguyen Sinh Hung |
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