NCB Sets Ambitious Targets for 2026, Determined to Achieve Key Objectives of the Restructuring Plan Ahead of Schedule

On April 2, 2026, the National Citizen Commercial Joint Stock Bank (NCB) (Ticker symbol: NVB) successfully held its Annual General Meeting of Shareholders, approving a plan to increase charter capital to VND 29 trillion and the 2026 business plan with numerous breakthrough targets.

At the Meeting, NCB’s Board of Directors and Board of Managers presented reports on business performance, activities of the Board of Directors and Supervisory Board in 2025, as well as the 2026 operational plan. At the same time, the Bank also submitted to the General Meeting of Shareholders proposals to continue implementing the charter capital increase plan and several other matters.

Overview of NCB’s 2026 Annual General Meeting of Shareholders

Comprehensive Upgrades and Outstanding Growth in 2025

The year 2025 marked a significant leap forward for NCB as the Bank exceeded all business plan targets after only nine months. As of December 31, 2025, NCB’s total assets reached VND 163,730 billion, achieving 121% of the annual plan. Total outstanding loans reached VND 97,545 billion, fulfilling 105% of the target. Total mobilized funds (including customer deposits and valuable papers issuance) reached VND 131,937 billion, equivalent to 111% of the plan.

Notably, current account savings account (CASA) deposits recorded strong growth, reaching VND 11,473 billion, equivalent to 151% of the target. This not only demonstrated customers’ strong confidence in NCB during its new development phase, but also helped the Bank reduce costs and improve profit margins amid increasingly intense market competition. At the end of 2025, NCB recorded profit before restructuring provision allocation of VND 949 billion. The Bank’s customer base exceeded 1.8 million customers, increasing significantly compared to the end of 2024.

At the same time, the Bank completed all targets and roadmaps set for 2025 under the restructuring plan. In particular, several key areas such as charter capital increase, recovery of non-performing loans and legacy assets, provisioning and reversal of accrued interest exceeded planned targets, while the quality of new credit was effectively controlled.

Chairwoman Bui Thi Thanh Huong shared insights with shareholders at the Meeting.

NCB’s outstanding business performance in 2025 reflects the Bank’s efforts, determination and successful transformation strategy that has been implemented accurately and effectively. At the same time, it creates a solid foundation for the Bank to enter a new accelerated development phase.

According to representatives of the Bank, NCB is determined to build a new-generation bank based on technology, data and innovative thinking. In 2025, NCB simultaneously implemented numerous technology and digital transformation projects while developing pioneering and innovative products and services. As a result, the Bank delivered differentiated, innovative and highly convenient banking experiences to customers, including: a Mobile Banking App and biometric authentication for corporate customers; the Retail Loan Origination System (RLOS), reducing loan approval time to only five minutes; becoming one of the first banks to complete NAPAS 2.0 connectivity implementation; launching the NCB Visa Tu Hao card line during two major national holidays – the first card product in the market associated with national pride and patriotism; and releasing the music video “Viet Nam Tu Hao Tiep Buoc Tuong Lai” on National Day in collaboration with renowned singer Tung Duong and composer Nguyen Van Chung, creating a song that inspires patriotism and a positive spirit of progress with strong community impact.

2026: Setting Ambitious Targets and Determined to Create Breakthroughs

The Chairing Committee answered shareholders’ questions during the discussion session.

Continuing its growth momentum, in 2026, NCB submitted to the General Meeting of Shareholders a business plan targeting total assets of VND 189,912 billion, up 16% compared to 2025. Customer deposits are expected to reach VND 158,685 billion, an increase of 20%. Of this amount, CASA deposits are targeted at VND 15,312 billion, up 33% compared to 2025, raising the CASA/Total Deposits ratio to 9.6%.

The Bank also targets outstanding loans of VND 131,686 billion, representing growth of 35% compared to 2025, and profit before restructuring provision allocation of VND 1,416 billion. NCB commits to using all profits to implement the restructuring plan in order to complete the plan ahead of schedule and move toward sustainable development.

To realize these targets, NCB will develop “tailor-made” financial solution packages for each customer segment. Accordingly, NCB will focus on individual customers in major urban areas with middle-to-high income levels, tapping into customer ecosystems of major enterprises and partners, while maintaining sales and promotional policies to effectively leverage the existing customer base. At the same time, the Bank will focus on businesses within strategic partner ecosystems, leading enterprises in construction and supply sectors, contractors for national key projects, tourism-related business chains and diversifying funding sources from the interbank market and investment funds.

NCB stated that it will implement 51 technology projects, including several key initiatives, accelerating digital transformation into a critical stage with initiatives that redefine how NCB serves customers and enhance competitiveness in the digitalized market. In particular, NCB promises to create breakthroughs in the banking and finance market with the launch of a completely new digital banking application – the Super App – and a digital branch system. With this solution, NCB will become the first bank in Vietnam to provide an “all-in-one” platform integrating all customers’ financial needs on a single platform.

The Bank also drew attention with its goal of accompanying the digital transformation of Vietnam’s tourism industry in 2026. Accordingly, NCB will develop the integrated iziPay payment solution on the national tourism data platform Visit Vietnam, allowing tourists to book services and make payments directly within the system at acceptance points nationwide, completely removing payment barriers for international visitors.

At the 2026 Annual General Meeting of Shareholders, NCB also submitted to shareholders a detailed plan to increase charter capital to nearly VND 29,280 billion, three years ahead of the schedule set under the restructuring plan. Accordingly, NCB will offer one billion shares at an offering price of VND 10,000 per share to professional securities investors in accordance with the Law on Securities, including organizations and individuals with strong financial capability and long-term commitment aligned with the Bank’s strategic development orientation.

The entire amount raised from the offering will be used by NCB to supplement capital for lending activities, serving the production, business and consumer financing needs of corporate and individual customers during the 2026-2027 period.

At the conclusion of the Meeting, the statement on the aforementioned capital increase plan was approved by the General Meeting of Shareholders with an approval rate of 99.99%. Other reports and proposals submitted by the Bank were also approved by shareholders with nearly unanimous votes.