NCB Announces List of Investors Registering for Private Placement, Raising Charter Capital to VND 29.28 Trillion

National Citizen Commercial Joint Stock Bank (NCB) has announced a Resolution of the Board of Directors approving the proposed list of professional investors participating in the private placement aimed at increasing the bank’s charter capital by VND 10 trillion.

Accordingly, in this offering, 22 professional investors have registered to subscribe to NCB’s privately placed shares, including 20 individual investors and two institutional investors.

Notably, in this offering, two members of the Board of Directors who became shareholders of NCB in the 2024 private placement, namely Ms. Bui Thi Thanh Huong – Chairwoman of the Board of Directors, and Mr. Duong The Bang – Member of the Board of Directors, have continued to register to purchase additional NCB shares. At the same time, three other senior executives of the bank have also registered to contribute capital, including Ms. Hoang Thu Trang – Vice Chairwoman of the Board of Directors, Ms. Pham Thi Hien – Deputy Head of the Supervisory Board, and Mr. Nguyen Viet Son – Member of the Supervisory Board of NCB.

The participation of additional senior executives in the capital contribution demonstrates the leadership team's determination to accompany and their long-term commitment to the development of NCB. This further strengthens the confidence of shareholders, investors and customers in NCB’s development strategy and actions in the new phase, as the bank’s leaders directly align their interests and personal vision with the bank’s long-term development and their responsibilities at the highest management level.

NCB Continues to Increase Capital by VND 10 Trillion

According to the list of registered investors, a number of existing shareholders have also expressed their intention to purchase additional NVB shares, reflecting investors’ growing confidence in the bank’s development prospects, particularly as NCB has announced the completion of its comprehensive restructuring process and the beginning of a new chapter of accelerated growth.

Previously, NCB had received approval from the State Bank of Vietnam and the General Meeting of Shareholders to continue issuing private placement shares to increase its charter capital by an additional VND 10 trillion. Under the plan submitted to the State Bank of Vietnam and the General Meeting of Shareholders, NCB will issue and offer one billion shares at a price of VND 10,000 per share to professional investors.

If the entire one billion registered shares are successfully subscribed, NCB’s charter capital will increase from the current VND 19.28 trillion to more than VND 29.28 trillion, enabling the bank to complete its capital increase plan three years ahead of the schedule set out in the Restructuring Plan approved by the competent authorities. The entire proceeds from the offering will be used to supplement funding sources for lending activities, meeting the production, business and consumer financing needs of corporate and individual customers during the 2026-2027 period.

Rapid Capital Increase Helps NCB Strengthen Resources to Achieve Ambitious Goals

This will mark the bank’s fourth consecutive capital increase within five years (2022-2026). According to an NCB representative, rapid capital increases are a key factor enabling the bank to strengthen its financial resources, ensure sound and efficient operations, and achieve its ambitious objectives. NCB is currently the market leader in terms of charter capital growth over the past five years, demonstrating the strong confidence and support of shareholders and investors for the bank’s new growth journey.

NCB is entering a phase of strong acceleration following nearly five years of determined restructuring efforts. As early as the first quarter of 2026, the bank had already begun to reap the rewards, with many business indicators achieving up to 90% of the annual targets.

Specifically, as of 31 March 2026, NCB’s total assets reached nearly VND 173.504 trillion, up 6% compared with the end of 2025. Total customer loans exceeded VND 116.876 trillion, representing growth of 20% compared with 31 December 2025. Total funding mobilization at the end of the first quarter of 2026 (including customer deposits and valuable papers issued) also recorded growth of approximately 6% compared with the end of 2025, reaching nearly VND 139.11 trillion.

Compared with its 2026 business targets, NCB had achieved 91% of its total asset target. Customer lending and funding mobilization indicators had also fulfilled 89% and 88% of the targets set for 2026, respectively.

The bank’s profit before tax reached more than VND 216 billion, significantly higher than the nearly VND 151 billion recorded in the first quarter of 2025, representing growth of 43%. All key business activities posted strong growth. According to its plan, NCB is committed to allocating all profits in accordance with the Restructuring Plan roadmap to ensure early completion of the plan and to pursue sustainable development.

The completion of the increase in charter capital to VND 29.28 trillion this year – ahead of the timeline set out in the Restructuring Plan – will undoubtedly strengthen NCB’s financial capacity, enhance its competitiveness and provide a solid foundation for breakthrough transformation in the next stage of development.