The plan to increase charter capital was passed by the 2025 Annual General Meeting of NCB in late March 2025 and implemented by the NCB Board of Directors as per regulations. Accordingly, NCB will issue 750 million private shares at a price of no less than VND 10,000/share, aiming to raise a maximum additional charter capital of VND 7,500 billion. After the successful issuance, NCB’s charter capital will increase from the current VND 11,780 billion to VND 19,280 billion.
The State Bank of Vietnam has approved NCB’s plan to increase its charter capital to VND 19,280 billion.
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According to NCB’s plan, the entire amount of approximately VND 7,500 billion raised from the offering will be used to supplement capital for lending activities to corporate and individual customers for production, business, and consumption purposes. This will contribute to promoting credit growth in the banking system and providing capital to the economy in line with the government’s targets. At the same time, it will enhance NCB’s financial capacity to achieve its dual goals: accelerating and strengthening the bank’s restructuring process while undergoing a comprehensive transformation according to the new “Digital Wealth” strategy – a combination of wealth management and digital hybrid services.
The bank expects to implement the share offering plan to increase charter capital from the second to the fourth quarter of 2025. After the successful offering, this will be the third time NCB has increased its capital in four consecutive years (2022-2025). Previously, on November 26, 2024, NCB completed the issuance of 617.8 million private placement shares, increasing its charter capital to VND 11,780 billion and providing substantial resources for breakthroughs in digital transformation, infrastructure investment, and the bank’s business operations.
According to NCB’s leadership, in addition to enhancing competitiveness, promoting business activities, and implementing the bank’s new strategy, the increase in charter capital also demonstrates NCB’s determination to boost its competitive edge and resilience against market fluctuations. It further improves the safety of the bank’s operations and enhances NCB’s sustainable development capabilities, aligning with the new development goals for the next phase.
 The increase in charter capital will provide additional resources for breakthroughs in digital transformation, infrastructure investment, and the bank’s business operations.
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In recent times, NCB has undergone a comprehensive transformation, achieving outstanding results: For two consecutive years, HRAA recognized NCB as one of the “Best Places to Work in Asia”. NCB is also the first bank to allow account opening through the VNeID application, contributing to the country’s digital transformation and providing superior convenient and secure banking experiences for the community. Additionally, NCB has deployed the new Relationship Lending Origination System (RLOS), enabling anytime, anywhere consultation for customers and loan approval within five minutes, thus facilitating quick and efficient access to capital for customers.
In the first quarter of 2025, NCB continued its positive business performance, with pre-tax profit surpassing VND 151 billion, a significant increase compared to the same period in 2024. Total mobilized capital (including customer deposits and issued securities) grew by 6.8%, and total loans to customers increased by 9.65% compared to the end of 2024. As of March 31, 2025, total assets reached nearly VND 131,000 billion, a 10.5% increase compared to December 31, 2024.
For the full year of 2025, NCB has set ambitious business targets, including total assets of VND 135,500 billion and customer deposits of VND 118,500 billion, representing growth of 14.6% and 23.2%, respectively, compared to 2024. The bank aims to achieve a 35% increase in customer loans, reaching over VND 96,000 billion. Additionally, NCB has set a pre-restructuring profit target of VND 59 billion and is committed to utilizing all profits to execute the approved PACCL. Furthermore, the bank aims to expand its customer base by 424,000 compared to 2024.
– 6:41 PM, May 12, 2025
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