KienlongBank Shareholders Set to Receive Up to 60% Dividend Payout

KienlongBank (Kien Long Commercial Joint Stock Bank; UpCOM: KLB) has announced the final registration date for shareholders to exercise their rights to receive stock dividends. The cutoff date is set for September 25, 2025.

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With a remarkable 60% dividend payout ratio, shareholders holding 100 shares as of the record date will receive an additional 60 new shares. This marks the highest dividend payout in Vietnam’s banking sector for 2025, underscoring KienlongBank’s commitment to sharing business success and enhancing shareholder value.

The capital for this issuance is sourced from the bank’s undistributed after-tax profits as of December 31, 2024, after allocating funds to reserves as mandated by the State Bank of Vietnam (SBV) and applicable laws.

Previously, after completing all legal formalities, KienlongBank received SBV approval to increase its charter capital by VND 2,168 billion, raising the total to VND 5,822 billion through dividend-paying share issuance.

This capital expansion not only strengthens the bank’s financial foundation but also serves as a catalyst for credit growth, new product development, and significant investment in digital transformation strategies, paving the way for the next phase of growth.

Amid intensifying competition and heightened financial transparency demands, KienlongBank has led the way in adopting Basel III standards for calculating key financial ratios. Early implementation of the Standardized Approach (SA) highlights the bank’s robust financial health and risk management framework, ensuring compliance with SBV’s Circular 14. This strategic move enhances KienlongBank’s credibility among shareholders and partners, both domestically and internationally, while securing a long-term competitive edge.

As of Q2/2025, KienlongBank’s total assets, deposits, and outstanding loans reached VND 97,630 billion, VND 87,321 billion, and VND 69,547 billion, respectively, achieving 95.7%, 93.9%, and 97.9% of the annual targets. Pre-tax profit for the quarter stood at VND 565 billion. Non-performing loans remain well-controlled below 3%, fully compliant with SBV regulations.

On the stock market, KLB shares have shown positive momentum, with an average trading volume of nearly 550,000 units per session over the last 10 sessions. Coupled with steady business growth, the substantial dividend plan, capital increase, and the planned stock exchange upgrade in 2025, KienlongBank is poised to enhance its market competitiveness and unlock sustainable growth opportunities in the years ahead.

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