NCB targets $382 million capital raise through private placement


The offering has attracted 22 professional investors, both individual and institutional participants.

The bank is currently regarded as a leader in charter capital growth over the past five years. — Photo courtesy of the bank

HÀ NỘI — The National Citizen Bank (NCB) has announced a list of professional investors expected to participate in its private share placementi, as part of the bank’s plan to raise its charter capital by VNĐ10 trillion (US$382 million).

If completed, the lender’s charter capital will approach VNĐ30 trillion.

According to a resolution approved by the board of directors, the offering has attracted 22 professional investors, both individual and institutional participants.

The list includes a number of existing shareholders and senior executives of the bank.

Previously, the private placement plan was approved by the State Bank of Vietnam and the bank’s general meeting of shareholders.

Under the approved plan, NCB is expected to issue one billion shares at a price of VNĐ10,000 per share to professional investors.

The proceeds from the offering will be used to support the bank’s lending activities, meeting financing demand for production, business operations and consumer spending among both corporate and individual customers during the 2026-27 period.

This will mark NCB’s fourth consecutive capital increase between 2022 and 2026.

The move is seen as part of the bank’s efforts to strengthen its financial capacity, expand operations and create greater room for future growth.

The bank is currently regarded as a leader in charter capital growth over the past five years, underscoring the strong support and commitment of shareholders and investors throughout its restructuring and development process. — BIZHUB

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