NCB Completes Charter Capital Increase to VND 19,280 Billion

The National Citizen Commercial Joint Stock Bank (NCB) has successfully completed a private placement of 750 million shares, officially raising its charter capital to VND 19,280 billion — one year ahead of the schedule set out in its Restructuring Plan.

Completing the Capital Increase Ahead of Schedule, Ensuring Operational Safety

The State Securities Commission has recently issued an official notice confirming receipt of the documents and reports on the results of NCB’s private placement of 750 million shares. Previously, NCB’s Board of Directors also announced a resolution approving the outcome of this share issuance.

Accordingly, NCB successfully issued 100% of the offered shares to 17 domestic investors, equivalent to 750 million shares at a par value of VND 10,000 per share. The issuance was completed on October 20, 2025, raising a total of VND 7,500 billion. With this, NCB has officially completed the increase of its charter capital to VND 19,280 billion — one year earlier than the timeline approved in the Restructuring Plan by the competent authorities. This achievement not only reflects investors’ strong confidence in NCB’s development strategy, roadmap, and promising future but also demonstrates the bank’s determination to fulfill the Restructuring Plan targets ahead of schedule, ensuring operational safety, efficiency, and sustainable growth.

Affirming Determination to Fulfill the Approved Restructuring Plan Ahead of Schedule

The completion of the third consecutive capital increase within four years (2022-2025) has positioned NCB among banks with higher charter capital in the market, fully complying with all safety indicators in accordance with Circular No. 41/2016/TT-NHNN on capital adequacy ratios issued by the State Bank of Vietnam. Previously, in 2024, NCB made a remarkable impression by increasing its charter capital to nearly VND 11,780 billion, marking its transition from a small-scale to a medium-scale bank.

This milestone underscores NCB’s strong determination and strategic steps to enhance its financial capacity, build a solid foundation for business expansion, and affirm its growing competitiveness in the market. In line with its roadmap, NCB will continue to raise charter capital in the coming years, ready to create meaningful differentiation through innovation and breakthrough initiatives, striving to become one of the most reputable banks offering the best financial services and solutions in the market.

Fruitful Outcomes from a Comprehensive and Effective Development Strategy

Completing the capital increase one year ahead of the Restructuring Plan timeline not only highlights the strong momentum of a bank undergoing successful restructuring but also affirms the soundness of NCB’s strategic direction and the appropriateness of its methodical, effective solutions.

Recently, NCB announced that it has exceeded all 2025 business targets after just nine months. Accordingly, its post-tax profit for the first nine months of 2025 reached more than VND 652 billion, marking a clear and strong improvement compared to the same period in 2024.

Accelerating Restructuring and Entering a New Growth Trajectory

As of September 30, 2025, NCB’s total assets stood at over VND 154,100 billion — up 30% from the end of 2024 and 14% above target. Customer deposits (excluding valuable papers) reached nearly VND 119,326 billion, while loans to customers totaled more than VND 94,956 billion, up 24% and 33% respectively compared to year-end 2024, surpassing the 2025 targets by 1% and 3%. With effective management solutions, NCB has maintained excellent control over credit quality. The non-performing loan (NPL) ratio in total customer loans has been well managed in accordance with the Restructuring Plan, while the NPL ratio for newly disbursed loans remains below 1%. Credit quality continues to improve, and the bank’s income-generating asset portfolio has expanded significantly.

Building on this growth momentum, NCB is accelerating a comprehensive transformation journey, shaping a new-generation bank under the “Digital Wealth” strategy — redefining banking experiences through innovation and creativity, positioning itself at the center of financial service innovation, and pioneering the development of products and services on the most advanced technology platforms. NCB is also committed to being a socially responsible bank, contributing to the sustainable development of the communities it serves.

The initial fruits of this effort mark nearly five years of NCB’s steadfast and determined implementation of a comprehensive restructuring program and a new strategic vision, with the participation of an experienced, capable, and dedicated management team, in collaboration with one of the world’s leading strategic consulting organizations. This also reflects the bank’s aspiration for a new, vibrant chapter of development — accompanying the nation on its journey toward a prosperous and strong era.