Lenders elevate charter capital moves

Lenders elevate charter capital moves

There have been positive signals of increased charter capital activities at commercial banks in recent weeks, especially those with state capital.
Banks raise charter capital for new growth stage

Banks raise charter capital for new growth stage

A slew of local and foreign banks are increasing charter capital to prepare for the new growth phase of the banking industry and the economy.
Banks seek further capital injections to boost strength

Banks seek further capital injections to boost strength

Many banks have been on a charter capital hike and are intensively preparing capital injections to boost their strength.
State-owned banks set to increase charter capital

State-owned banks set to increase charter capital

The State Bank of Vietnam has announced Decision No.422/QD-NHNN dated March 18 outlining its action plan for the next two years.
Lenders advocating for improved charter capital mechanisms

Lenders advocating for improved charter capital mechanisms

Amid an urgent need for business expansion, privately-run commercial banks are executing their charter capital enhancement path, while some state-owned banks are requesting the government’s extraordinary mechanism using public budget.
VPBank to issue additional shares and increase charter capital to nearly $2 billion

VPBank to issue additional shares and increase charter capital to nearly $2 billion

VPBank will issue a maximum of more than 1.97 billion shares to existing shareholders to raise its charter capital.
SeABank increases charter capital to nearly $642.9 million

SeABank increases charter capital to nearly $642.9 million

Having successfully scaled up its charter capital, SeABank expects the new fund would boost the bank’s financial capacity and expand its footprint across the country.
Banks scaling up charter capital goals

Banks scaling up charter capital goals

International and domestic financial institutions have strengthened their charter capital to boost financial capacity and ramp up business activities in Vietnam.
Central bank approves ACB"s plan to raise charter capital

Central bank approves ACB"s plan to raise charter capital

The State Bank of Vietnam has approved the Asia Commercial Bank (ACB)’s plan to raise its charter capital from 16.6 trillion VND (721 million USD) to 21.6 trillion VND (938.3 million USD).
Vietcombank plans to raise charter capital via share issuance

Vietcombank plans to raise charter capital via share issuance

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) plans to increase its charter capital for the 2020-2021 period by paying dividends in shares and issuing additional shares, according to documents of the upcoming annual shareholders’ meeting scheduled for June 26.
Banks upbeat about charter capital hike in 2020

Banks upbeat about charter capital hike in 2020

Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
Government backs capital hike plans for four State-owned banks

Government backs capital hike plans for four State-owned banks

The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.
ACB approved to increase capital by paying dividend by stock

ACB approved to increase capital by paying dividend by stock

ACB plans to issue more than 374 million shares to increase its charter capital by VND3.74 trillion ($162.6 million) reach VND16.6 trillion ($721.74 million).
NCB seeks breakthrough through charter capital hikes

NCB seeks breakthrough through charter capital hikes

Small-cap commercial lender NCB aims to reach new heights by leveraging its forthcoming charter capital hike plans.
National Citizen Bank green-lighted to raise charter capital

National Citizen Bank green-lighted to raise charter capital

Vietnam’s National Citizen Bank today received the permit to raise its charter capital to VND5 trillion ($217.4 million).
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