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KienlongBank plans to submit to its General Meeting of shareholders a proposal to change the location of its headquarters to Dong Nai province. In the early years, the bank aims to contribute nearly 1,000 billion VND annually to the Dong Nai budget, positioning the move as part of its responsibility to build and grow together with the locality.
The bank said it is aiming to become the first joint-stock commercial bank to base its headquarters in Dong Nai. KienlongBank framed the decision as a way to strengthen its growth potential amid intense competition in major markets, while also directly contributing to the development momentum of one of Vietnam’s most dynamic economies.
As a financial institution with core technology leadership, KienlongBank expects that operating as a local bank in a fast-growing province will allow it to act as a strategic link between the bank, local authorities, and the business community. The bank said it will align with local stakeholders to support infrastructure projects, smart urban development, and smoother international trade flows, with the goal of contributing to a solid digital financial infrastructure for the Southern region.
In its shareholder documents, KienlongBank highlighted its trade finance capabilities, project guarantees, and online cash management solutions as key drivers to help foreign direct investment and local supply chains operate more smoothly and efficiently.
The bank also plans to build a brand for a community of nearly 5 million people in one of the country’s largest consumer and financial markets. It cited rapid urbanization and a growing middle class, and said it will integrate advanced digital banking solutions and AI-powered “Kiloba AI” to deliver smart financial services to local users and support household consumption and prosperity.
KienlongBank pointed to Dong Nai’s economic performance and development trajectory. In 2025, Dong Nai reaffirmed its position as the country’s fourth-largest economy, with GRDP growth of 9.63%. The bank also noted that by April 30, 2026, Dong Nai is expected to officially become a centrally governed city, which it said would bring a comprehensive transformation in scale and governance.
The bank cited more than 43 industrial zones and the Long Thanh International Airport mega project as factors driving demand for financial institutions capable of supporting a modern, full-scale financial ecosystem. It also referenced ongoing investment across sectors including industry, commerce, services, logistics, urban development, and transport infrastructure.
KienlongBank said Dong Nai’s strategic location linking Ho Chi Minh City with other provinces in the Southern economic region—supported by the Long Thanh airport, port systems, highways, industrial zones, and service centers—creates favorable conditions for large enterprises, investors, and financial institutions.
The bank further stated that total outstanding credit in Dong Nai currently stands at over 600,000 billion VND and is forecast to grow strongly in the coming years due to large-scale infrastructure, industrial expansion, and urbanization.
KienlongBank described the headquarters relocation as more than a geographic change, saying it will place the bank at the center of growth over the coming decade. The move is presented as a springboard for its strategic vision for 2026–2030: becoming a comprehensive digital bank.
The bank said its presence in a locality on the path of innovation will help it advance next-generation financial technologies, expand its influence, and disseminate digital solutions nationwide.
In addition, KienlongBank committed to contributing 600–1,000 billion VND to the Dong Nai budget in the future, reaffirming its role in local contributions.
In its shareholder documents, KienlongBank also expressed pride and gratitude toward An Giang for its 31-year journey. The bank said it will maintain and expand its network, services, and corporate social responsibility nationwide, where it has partnered with people and businesses.
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