VietinBank Securities Joint Stock Company (VietinBank Securities, Stock Code: CTS, HoSE) has announced an extraordinary shareholders’ meeting to be held in person on November 18, 2025. The list of shareholders eligible to attend the meeting was finalized on October 21, 2025.
The meeting will consider and approve the company’s name change from VietinBank Securities Joint Stock Company, abbreviated as VietinBank Securities, to VietinBank Securities Joint Stock Company, abbreviated as VBSE.
The CTS Board of Directors stated that the current name, VietinBank Securities Joint Stock Company, has been in use since the company’s privatization in 2009 but has since revealed several shortcomings.
Specifically, the full name is excessively long, causing inconvenience in various applications, especially when filling out documents, forms, and media publications. The current name also emphasizes its origin rather than reflecting the connection to the parent bank’s current brand, VietinBank. Additionally, customers and partners often confuse the company’s name during communication, frequently using the abbreviated stock code CTS.
Currently, securities companies tend to adopt shorter, consistent, and modern names following the format: Securities Joint Stock Company + abbreviated name of the parent bank/company.
Therefore, the Board of Directors proposes a new name that is concise, memorable, and user-friendly; strongly identifies with the VietinBank brand; facilitates the implementation of a unified brand identity system, enhancing communication effectiveness; and aligns with current trends.
The abbreviation VBSE is consistent with the brand name already approved by the Board of Directors. Previously, the company changed its website domain from cts.vn to vbse.vn with a new interface on August 25, 2025.
Source: CTS
Additionally, the meeting will consider and approve amendments and supplements to the company’s charter and the Board of Directors’ operating regulations. These changes include updates related to the new name, new address following administrative boundary mergers, and compliance with recently amended laws.
In terms of business performance, in Q3/2025, VietinBank Securities reported operating revenue of 653 billion VND, double that of the same period last year. Operating expenses amounted to 184 billion VND, a 33% increase. As a result, CTS recorded a pre-tax profit of nearly 338 billion VND, 5.2 times higher than the same period last year.
For the first nine months of the year, VietinBank Securities generated 1,696 billion VND in operating revenue, an increase of nearly 89% compared to the same period last year. Consequently, pre-tax profit reached nearly 688 billion VND, 3.2 times higher than the same period last year and 2.3 times the plan approved by the 2025 Annual General Meeting of Shareholders.
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