AsemconnectVietnam - On March 29, 2025, National Citizen Commercial Joint Stock Bank (stock code: NVB) successfully held the 2025 Annual General Meeting of Shareholders. The meeting approved the 2025 business plan with many positive targets, continued to increase charter capital and other proposals.

Promoting business in 2025, gradually building an effective and sustainable bank
According to the report of the Board of Directors and General Director of NCB, 2024 witnessed a leap forward for NCB in business activities when completing and exceeding the targets assigned by the General Meeting of Shareholders. Specifically, total assets reached VND118,559 billion, equivalent to 112% of the plan; total outstanding loans reached VND71,175 billion, equal to 111% of the plan; Capital mobilization from residents reached VND100,489 billion, equal to 117% of the plan; CASA grew by 54% compared to 2024, contributing to optimizing capital costs.
NCB's customer base by the end of 2024 reached 1.346 million customers, equal to 117% of the yearly plan and grew by 34.6% compared to the end of 2023; the number of customers using the iziMobile digital banking application increased significantly, reaching 107% of the plan. The consecutive positive growth figures over the past year are proof that the quality of NCB's products and services increasingly meet the needs of a large number of customers with higher standards and are welcomed, loved, and trusted by the market.
This is also a testament to the right direction and drastic actions of the Board of Directors and employees of NCB Bank when choosing to simultaneously implement the goal of comprehensive restructuring in parallel with the implementation of the new strategy, in the context of the market with many difficulties and challenges. From there, gradually turn NCB into one of the prestigious, safe and effective banks, contributing to the sustainable development of the community that NCB serves. Continuing that development momentum, in 2025, NCB submitted to the General Meeting of Shareholders a business plan with total assets reaching VND135,500 billion, customer mobilization reaching VND118,500 billion, growing by 14.6% and 23.2% respectively compared to 2024; customer loans growing by 30% to VND92,528 billion. NCB also set a pre-PACCL profit target of VND59 billion and committed to using all profits to implement the approved PACCL. In addition, the bank also set a target of increasing the customer base by 424,000 customers compared to 2024.
To achieve this result, NCB aims to launch many "tailor-made" financial solution packages for the individual and corporate customer segments. In particular, focusing on the individual customer segment in large cities, with income from moderate to high; customers in the ecosystem of large enterprises and partners, while maintaining sales and promotion policies... to effectively exploit the existing customer base. At the same time, priority will be given to expanding the SME segment, high-tech manufacturing enterprises, import-export, renewable energy and construction of state capital works, increasing capital mobilization from Investment Funds, FDI enterprises and enterprises in the fields of logistics, tourism, and education.
In particular, in 2025, NCB will strongly implement the digital transformation strategy; build a solid technology platform and resources according to the new strategy, with the launch of the digital banking super application AllRise - a strategic product on Digital Wealth, marking an important milestone in the roadmap to realize the new strategy. The application is expected to become a "jet engine" for NCB to accelerate in the pioneering journey of developing products and services on the most advanced technology platform, raising the position of NCB on the digital financial map.
At the end of the congress, the reports of the Board of Directors, General Director, the presentation on the 2025 business plan and the 2024 financial report and a series of other presentations were approved by the General Meeting of Shareholders with an almost absolute rate.
Continue to increase charter capital by another VND7,500 billion
Also at this General Meeting, the Bank's Board of Directors submitted to shareholders a plan to continue to increase charter capital by another VND7,500 billion through the offering of 700 million individual shares, equivalent to 59.42% of NCB's charter capital at the time of offering, with an offering price of no less than VND10,000/share.
The expected issuance time is from the second to fourth quarter of 2025, after the State Bank of Vietnam (SBV) approves the capital increase and the State Securities Commission notifies it of receiving the application for the private offering of shares.
After completing the capital increase, NCB will increase its charter capital from the current VND11,780 billion to VND19,280 billion. The entire amount raised from the offering, estimated at about VND7,500 billion, will be used to supplement capital for business operations.
Sharing at the Congress, the Chairman of the Board of Directors of NCB said that charter capital is one of the important criteria to enhance financial autonomy, determine the level of safety in operations as well as the ability of sustainable development of the bank in the future.
“NCB has gathered all the necessary energies and is ready to create a difference, innovation, and breakthrough creativity in the era of national development. We are committed to investing heavily in all resources to meet the new journey, accelerate the implementation of the Restructuring Plan for the period 2023 - 2025 with a vision to 2030 of NCB, and at the same time deploy the new Strategy with pioneering steps in the banking and financial market”, said Chairwoman of the Board of Directors Bui Thi Thanh Huong.
The proposal for capital increase was approved by the General Meeting of Shareholders with a rate of 99.99%. Previously, on November 26, 2024, NCB completed the increase of the bank's charter capital to VND11,780 billion, enhancing the bank's financial capacity for new goals.
During the period of 2021-2025, NCB's Board of Directors and Supervisory Board have continuously improved the apparatus and enhanced management capacity, meeting the development requirements and business strategies of NCB. With the continued addition of senior personnel with rich experience, professional capacity and management and operational capacity, NCB promises to continue to make great strides in the coming time.
N.Nga
Source: VITIC/Tinnhanhchungkhoan