AsemconnectVietnam - Kienlong Commercial Joint Stock Bank (Kienlongbank, code KLB - UPCoM) has just announced the documents for the 2025 annual general meeting of shareholders (AGM) taking place on May 25, with the target of pre-tax profit expected to reach VND1,379 billion.

KienlongBank aims to have total assets increase by nearly 11% to VND102,000 billion by the end of 2025. Total mobilized capital increases by nearly 13% to VND93,000 billion and outstanding credit increases by nearly 16% to VND71,000 billion. The bad debt ratio is controlled below 3%.
This year, the Board of Directors (BOD) of Kienlongbank will increase charter capital to improve financial capacity, risk management, promote investment and growth scale, diversify outstanding digital products and services, and provide convenience to customers.
At the same time, the Board of Directors of KienlongBank believes that listing KLB shares on the stock market is necessary and important, proving that KienlongBank is increasingly transparent in its operations as a large-scale public company, improving operational capacity and competitiveness to achieve strategic goals.
Currently, KLB shares have been registered for deposit at the Vietnam Securities Depository (VSD) and registered for trading (UPCoM) at the Hanoi Stock Exchange (HNX). The Board of Directors submits to the Kienlongbank Shareholders' Meeting to list shares at the Stock Exchange. The Board of Directors is assigned to select the Stock Exchange to register for listing, time, and consulting unit.
Previously, in mid-January 2023, Kienlongbank passed a resolution to withdraw the application for listing KLB shares on the Ho Chi Minh City Stock Exchange (HOSE), due to unfavorable market developments for listing and shareholder benefits.
N.Nga
Source: VITIC/Tinnhanhchungkhoan