VietinBank Securities Joint Stock Company (VietinBank Securities, stock code: CTS, listed on HoSE) has announced the resignation of Ms. Bùi Thị Thanh Thúy from her position as a Board of Directors member.
Born in 1980, Ms. Thúy was elected to the CTS Board of Directors at the Annual General Meeting held in April 2025. She has resigned due to personal reasons.
Her resignation will be approved at the Extraordinary General Meeting on November 18, 2025, where a new Board member will also be elected.
Additionally, the meeting will consider renaming the company from VietinBank Securities Joint Stock Company to VietinBank Securities JSC, with the abbreviation 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 become cumbersome.
Specifically, the full name is too long, causing inconvenience in documentation, filings, and media publications. It also emphasizes the company’s origins rather than aligning with the current VietinBank brand of its parent bank. Customers and partners often confuse the company’s name, frequently abbreviating it to CTS based on its stock code.
Currently, securities companies adopt shorter, consistent, and modern names following the format: Securities Joint Stock Company + the parent bank/company’s abbreviation.
Thus, the Board proposes the new name for its brevity, memorability, and ease of use. It strongly identifies with the VietinBank brand, facilitates unified brand identity implementation, enhances communication effectiveness, and aligns with industry trends.
The abbreviation VBSE also matches the brand name previously approved by the Board. The company transitioned its website domain from cts.vn to vbse.vn with a new interface on August 25, 2025.
Source: CTS
The meeting will also review amendments to the company’s charter and Board of Directors’ operating regulations. These changes address the new name, updated address following administrative boundary mergers, and compliance with recent legal amendments.
In Q3 2025, VietinBank Securities reported operating revenue of VND 653 billion, double the previous year’s figure. Operating expenses rose by 33% to VND 184 billion. Consequently, pre-tax profit reached nearly VND 338 billion, 5.2 times higher year-on-year.
For the first nine months of 2025, VietinBank Securities generated VND 1,696 billion in operating revenue, an 89% increase year-on-year. Pre-tax profit totaled nearly VND 688 billion, 3.2 times higher than the same period last year and 2.3 times the plan approved at the 2025 Annual General Meeting.
Hà Ly
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