AsemconnectVietnam - A Commercial Joint Stock Bank (Nam A Bank - Code: NAB) has just announced the documents for its 2026 Annual General Meeting of Shareholders. The meeting is scheduled to be held at 8:30 AM on March 20th at Dalat Palace Heritage, 2 Tran Phu Street, Da Lat, Lam Dong.

Accordingly, in 2026, Nam A Bank sets a higher target than the results achieved in 2025. Specifically, the Bank expects consolidated pre-tax profit to reach VND6,200 billion, an increase of 18% compared to 2025. Total assets are expected to reach VND480,000 billion, an increase of 15%; outstanding loans to individuals and economic organizations are expected to reach VND240,000 billion, an increase of 21%. Nam A Bank mobilized capital from individuals, economic organizations, and securities at VND280,000 billion, a 33% increase compared to the previous year. The non-performing loan ratio is expected not to exceed 2.5%.
Nam A Bank stated that to implement its 2026 business plan, the bank will focus on solutions such as: strictly controlling credit quality, strengthening the handling of non-performing loans; deploying the business strategy "Speed - Differentiation - Data," developing business based on behavioral data and market capabilities...
According to the draft plan for increasing charter capital in 2026, Nam A Bank plans to increase its charter capital by more than VND5,431 billion through the issuance of shares to increase equity capital from owner's equity; issuing shares under the employee stock option program (ESOP) and private placement of shares. Regarding the plan to issue shares to increase equity capital from retained earnings, the bank intends to issue an additional 343.1 million shares, equivalent to 20%, increasing its charter capital by more than VND3,431 billion.
The capital for this issuance will come from accumulated undistributed profits and the reserve fund for supplementing charter capital, based on Nam A Bank's audited financial statements for 2025. The expected issuance time is Q2/2026, after the bank receives approval from the State Bank of Vietnam (SBV) and the State Securities Commission (SSC).
Regarding the ESOP plan, Nam A Bank plans to issue 100 million shares, increasing its charter capital by VND1,000 billion. The issuance will target the bank's employees and its subsidiaries. The expected offering price is at par value of VND10,000 per share. ESOP shares will be subject to a 100% transfer restriction for one year and a 50% restriction for the following year from the date the offering ends. The expected issuance time is Q2 or Q3/2026, after approval from the State Bank of Vietnam and the State Securities Commission.
Regarding the private placement of shares, the Bank plans to offer 100 million shares to strengthen its financial capacity and supplement capital for Nam A Bank's business operations. The expected value of the shares offered (at par value) is VND1,000 billion. The number of investors will be less than 100. The expected issuance time is Q2 or Q3/2026, after receiving written approval from the State Bank of Vietnam and the State Securities Commission.
If all three plans are completed, the Bank's charter capital is expected to increase from VND17,157 billion to VND22,588 billion. The entire amount of capital raised from the planned share issuance is expected to be allocated to the purchase of fixed assets and tools; the construction of facilities for current and future business units; and the supplementation of working capital.
In addition to the capital increase plan, the Board of Directors of Nam A Bank plans to submit to the 2026 Annual General Meeting of Shareholders for consideration and approval the expansion of operations through the establishment and acquisition of subsidiaries and affiliated companies. These entities are expected to operate in the securities sector (underwriting, brokerage, management and distribution of fund certificates, portfolio management, stock trading), financial leasing and insurance; and also participate in debt management and asset exploitation, remittances, gold trading, factoring, credit card issuance, payment intermediary services, and credit information provision.
Simultaneously, Nam A Bank is investing in and acquiring shares of businesses operating in the fields of insurance, securities, remittances, gold, factoring, credit card issuance, consumer credit, payment intermediary services, and credit information. In addition, the Board of Directors of Nam A Bank plans to approve a proposal to expand its network into international markets. The bank stated that developing its network in international markets will not only provide room for business growth but also contribute to enhancing its brand image in regional and international markets.
The policy of expanding its overseas network was approved at the 2025 Annual General Meeting of Shareholders. However, due to unfavorable market conditions and the need for further research and comprehensive assessment of the economic, legal, and cultural environment, as well as compliance requirements in each target country, the bank will not implement this activity in 2025.
Based on this, the Board of Directors proposes that the General Meeting of Shareholders continue to approve this policy in 2026, with the aim of potentially establishing branches, representative offices, or subsidiary banks abroad to provide financial and banking services, while also playing a role in connecting investment, promoting trade, and attracting international capital flows. In addition, Nam A Bank also plans to approve the listing of bonds (including Tier II capital bonds) issued to the public in 2026 on the stock exchange system (currently the Stock Exchange) after the completion of the offerings, in accordance with the Securities Law and relevant legal documents.
At the end of 2025, Nam A Bank recorded pre-tax profit of VND5,254 billion, an increase of 15.6% compared to 2024. Profitability indicators were maintained at high levels, with a Net Interest Margin (NIM) of 2.6%, a Return on Assets (ROA) of 1.3%, and a stable Return on Equity (ROE) around 20%, placing it among the leading banks in terms of return on equity, accurately reflecting the bank's expansion and growth.
As of December 31, 2025, Nam A Bank's total assets reached VND418,335 billion, officially placing it in the Top 15 banks with the largest total assets in the system. Total deposits from economic organizations, individuals, and issued securities reached over VND211,000 billion, a growth of over 18.4% compared to the end of 2024.
Regarding credit activities, Nam A Bank achieved over VND198,000 billion, a growth of 18.2% compared to the beginning of the year. The total scale of investment in government bonds and securities issued by credit institutions reached over VND40,000 billion, a strong growth of 92.1%. The total value of international capital mobilized by Nam A Bank is approximately USD160 million, through bilateral loans and syndicated loans from reputable partners.
N.Nga
Source: VITIC/Tinnhanhchungkhoan