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Nam A Bank (Code: NAB) has just announced information about the trading of its insiders’ stocks. Accordingly, Mr. Hoang Viet Cuong, Vice President of Nam A Bank, registered to sell 1.8 million NAB shares for personal financial needs.
The transaction is expected to be executed by matching and/or matching orders from April 11 to May 9, 2025.
Currently, Mr. Cuong holds more than 5.7 million NAB shares, accounting for 0.417% of the charter capital. If the transaction is successful, he will reduce his holdings to over 3.9 million shares, equivalent to 0.286% of Nam A Bank’s capital.
As of April 9, NAB shares closed at VND 15,600/share. With this price, Mr. Cuong is estimated to collect about VND 28 billion if he sells all the registered shares.
Previously, Nam A Bank announced its Q1 profit at VND 1,214 billion, up 21.52% over the same period in 2024. As of March 31, 2025, the bank’s total assets reached nearly VND 263,000 billion, up more than 7% compared to the beginning of the year. Credit activities reached nearly VND 178,000 billion, up 6% over the beginning of the year, while capital mobilization reached nearly VND 204,000 billion, up nearly 14% over the same period in 2024.
In terms of asset quality, Group 2 debt (before CIC) has decreased significantly from 1.27% at the beginning of 2025 to 0.61%, while bad debt ratio (from Group 3 to Group 5) stood at 2.23%. The bad debt coverage ratio was at nearly 54%.
At the recent 2025 Annual General Meeting of Shareholders, Nam A Bank’s shareholders approved the 2025 business plan with a consolidated pre-tax profit target of VND 5,000 billion, up 10% compared to 2024. Thus, after 3 months, Nam A Bank has achieved 24% of its full-year profit plan.
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