AsemconnectVietnam - Nam A Commercial Joint Stock Bank (HOSE: NAB) has successfully completed the issuance of 1,000 billion VND in bonds to the public at the end of 2025.

The entire amount of bonds has been distributed to nearly 300 investors, demonstrating the high level of market interest and investor confidence in the offering.
According to the plan approved by the State Securities Commission, Nam A Bank conducted a public offering of bonds with a total face value of VND2,000 billion, divided into two issuance tranches. Funding raised from long-term bonds not only contributes to supplementing medium and long-term capital, but also plays a crucial role in strengthening Tier 2 capital, improving and maintaining the Capital Adequacy Ratio (CAR) at a high level compared to the State Bank of Vietnam's regulations, thereby increasing the capital buffer, enhancing resilience, and strengthening expansion to serve the bank's growth objectives in the future.
As of December 30, 2025, Nam A Bank successfully issued the first tranche of bonds with code NAB202501, totaling VND1,000 billion, with a 7-year maturity. The interest rate is designed flexibly with a floating structure: for the first 5 years, the interest rate is determined by the reference interest rate plus 2.8%/year; from the sixth year onwards, the interest rate is adjusted by the reference interest rate plus 3.4%/year.
This structural approach aligns with current financial market developments and demonstrates the bank's flexibility in its capital raising policy. In Q1 2026, the bank will continue to issue the NAB202502 bond tranche worth VND1,000 billion, thereby completing the total offering value of VND2,000 billion as approved.
In the context of volatile domestic and international financial markets, Nam A Bank continues to proactively be one of the pioneering banks in meeting international standards under Basel III, aiming for full compliance with capital adequacy regulations as stipulated in Circular 14/2025/TT-NHNN of the State Bank of Vietnam. Through this, the bank not only strengthens its risk management capabilities but also enhances its competitive position in the market.
Not only focusing on the domestic capital market, since the beginning of the year, Nam A Bank has raised nearly US$160 million in international capital through bilateral and syndicated loans with reputable partners such as GCPF, BlueOrchard, Symbiotics, Bank of New York Mellon, SCSB, and E.SUN Bank. This international capital plays a crucial role in enhancing the bank's capacity to finance import and export activities, supply chain credit, and cross-border trade, contributing to its sustainable growth in a challenging global business environment.
N.Nga
Source: VITIC/Tinnhanhchungkhoan