OCB approved to increase charter capital to over VND30,625 billion
Thursday, June 18,2026
AsemconnectVietnam - Orient Commercial Bank (HOSE: OCB) has just received approval from the State Bank of Vietnam to increase its charter capital by a maximum of VND3,995 billion through the issuance of shares from equity capital.
After the plan is completed, the bank's charter capital will increase from VND26,631 billion to over VND30,625 billion.
The proceeds from the capital increase will be used to supplement business capital, invest, further promote the technology system to serve the modernization of the bank, support the development of new products, and enhance the service experience for customers - important drivers in the long-term growth and development strategy.
Recently, OCB also announced the appointment of Mr. Chris Shayan as Acting General Director effective June 1, 2026. Under the leadership of Mr. Chris Shayan, OCB expects to continue accelerating its digital transformation, promoting the application of AI and data in operations, risk management, and enhancing customer experience; while gradually shaping the image of a modern, professional, innovative bank that adapts quickly to market trends. Alongside this pace of innovation, OCB will also remain committed to its strategy of safe, sustainable development and a customer-centric approach.
In 2026, OCB aims for pre-tax profit of VND6,960 billion, a 39% increase compared to 2025. It also aims to increase its charter capital from VND26,631 billion to VND30,625 billion; and increase total assets by 10% compared to the end of 2025, estimated at VND354,214 billion.
N.Nga
Source: VITIC/Dau tu Chung khoan
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