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NCB officially increased capital to 19,280 billion VND

07:47 04/11/2025

The State Securities Commission has just issued an official dispatch on the receipt of documents and reports on the results of the private offering of 750 million shares of the National Citizen Commercial Joint Stock Bank (NCB).

Completing the increase in charter capital ahead of schedule

Thus, NCB has successfully issued 100% of the number of shares offered to 17 domestic investors, equivalent to 750 million shares, with a par value of VND 10,000/share. The closing date of the issuance is October 20, 2025. The total amount of money collected from this offering is VND 7,500 billion, thereby officially completing the increase in NCB’s charter capital to VND 19,280 billion – 1 year earlier than the schedule set out in the approved Restructuring Plan (PACCL).

This result not only shows investors’ confidence in the bank’s strategy, development roadmap and bright future, but also demonstrates NCB’s determination to gradually complete PACCL ahead of schedule, meeting the goal of safe, effective operations and sustainable development.

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The increase in charter capital demonstrates NCB’s determination to gradually complete the approved PACCL ahead of schedule.Completing the third consecutive capital increase within 4 years (2022-2025) also puts NCB in the group of banks with high charter capital in the market, meeting well and fully complying with the operational safety indicators according to Circular No. 41/2016/TT-NHNN regulating capital safety ratios for banks. Previously, NCB also made an impression on the market when it increased its charter capital to nearly VND 11,780 billion by 2024, bringing the bank from the small-scale group to the medium-scale group.

This is a testament to NCB’s strong determination and strategic steps to improve its financial capacity, creating a solid foundation to expand its business activities, affirming its increasingly high competitiveness in the market. According to the roadmap, NCB will continue to increase its charter capital in the coming years, ready to create a difference, innovate, and create breakthroughs, aiming to become one of the prestigious banks, providing the best financial services and solutions in the market.

Sweet fruit from a methodical and effective development strategy

Recently, NCB announced that it had exceeded its 2025 business targets after only 9 months. Accordingly, NCB’s after-tax profit in the first 9 months of 2025 reached more than 652 billion VND, marking a clear and strong change compared to the results of the same period in 2024.

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NCB is accelerating the restructuring process and entering a new growth trajectory.Total assets as of September 30, 2025 reached more than VND 154,100 billion, up 30% compared to the end of 2024 and exceeding the plan by 14%, capital mobilization (excluding issuance of valuable papers) reached nearly VND 119,326 billion and customer loans reached more than VND 94,956 billion, up 24% and 33% respectively compared to the end of 2024 and exceeding the 2025 plan by 1% and 3% respectively. With effective solutions, NCB is currently controlling debt quality very well. The ratio of bad debt to total outstanding customer loans is well controlled according to the restructuring plan roadmap (PACCL), while the bad debt ratio for new disbursements is controlled at less than 1%, credit quality is positively improved and the portfolio of profitable assets is significantly expanded.

Continuing the growth momentum, NCB is continuing to accelerate the comprehensive transformation process, creating a new version of the bank with the Digital Wealth strategy, redefining the banking experience through innovative thinking, being at the center of financial service innovation, pioneering the development of products and services on the most advanced technology platform, aiming to become a socially responsible bank, contributing to the sustainable development of the community that NCB serves.

The initial sweet fruits mark the journey of nearly 5 years of NCB’s steadfast and determined implementation of a series of comprehensive restructuring solutions and new strategy execution, with the participation of a new management and executive team rich in experience, dedication, vision, and talent, along with the accompaniment of the world’s leading strategic consulting organization.

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