Vietbank (VBB) approved to increase charter capital to nearly VND4,779 billion
Saturday, June 20,2026
AsemconnectVietnam - On June 2, 2026, the State Bank of Vietnam (SBV) issued Document No. 4677/NHNN-QLGS approving the increase in charter capital of Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank, stock code VBB) by a maximum of VND4,778,732 billion, as approved by the 2026 Annual General Meeting of Shareholders.
Accordingly, Vietbank was approved by the SBV to increase capital through three forms: issuing shares from equity capital including accumulated undistributed profits and the Capital Reserve Fund up to the end of 2025, with a maximum value of VND1,076.9 billion; offering shares to the public for existing shareholders with a maximum value of VND 2,961.5 billion; and issue shares under the Employee Stock Ownership Program (ESOP) in 2026 with a maximum value of VND740.4 billion.
Vietbank is one of the banks that completed the capital increase approval procedures in Q2/2026. This shows the Board of Directors' determination to strengthen its financial foundation, enhance competitiveness, and prepare resources for a new growth phase.
The additional capital of nearly VND4,779 billion will be used to supplement working capital, invest in information technology infrastructure, improve risk management capabilities, strengthen financial capacity, and meet the Bank's medium- and long-term development goals.
The capital increase takes place in the context of commercial banks strengthening their financial capacity to meet the increasingly high demands of growth, digital transformation, and risk management. For Vietbank, the increased charter capital contributes to improving capital adequacy ratios, enhancing its ability to respond to market fluctuations, and better meeting the management standards of the banking industry.
In addition, the increased capital creates room for the Bank to continue expanding its selective business operations, investing more heavily in digital transformation, modernizing its operating systems, improving customer experience, and developing products and services.
N.Nga
Source: VITIC/Dau tu Chung khoan
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