OCB AGM 2026: Target to become a top-5 bank for efficiency and sustainable development by 2030

Orient Commercial Joint Stock Bank (OCB) held its 2026 annual general meeting (AGM) on the morning of April 15, presenting its business plan, profit distribution, a charter capital increase, and the election of one additional independent member of the Board for the 2026–2030 term. Shareholders also discussed CASA targets, the bank’s restructuring of major groups such as HAGL, digitalization, cost management, capitalization, and risk controls.

Key targets and strategy for 2026

Chairman Trịnh Văn Tuấn said OCB is operating well and that its stock market performance remains positive as the overall market grows. He also noted that if OCB owns OCBS in the future, there would be an IPO path.

On CASA, the Chairman emphasized that meeting the target requires making OCB’s customer accounts the primary transaction channel, supported by user-friendly services and digitized processes to improve customer experience. He said OCB currently leads in technology and can compete with peers.

General Director Phạm Hồng Hải reiterated the 16% CASA target for 2026 and discussed expanding into green financing and sustainable banking. He said the green lending share remains around 9–10% of total outstanding loans, with 2025 at 10.7%.

Green banking and ESG-linked credit approach

OCB’s Green Bank strategy aligns ESG criteria with credit approval, risk management, and sustainable product development, supported by international development finance institutions such as IFC. The bank plans to broaden green finance beyond traditional sectors to include green projects, sustainable agriculture, and energy efficiency.

Restructuring, fee income, and digitalization

A representative from Aozora Bank highlighted ongoing restructuring efforts and the long-term commitment to OCB. The representative noted a shift from relying on interest income toward expanding fee-based services as a cornerstone for durable asset quality and growth.

The discussion also covered OCB’s approach to digitalization, cost management, capitalization, and risk controls, alongside questions raised by shareholders about the status of OCBS and whether it will IPO.

Long-term vision: top-5 by 2030

The Chairman outlined a long-term vision for 2030 to become among the top 5 banks by efficiency and sustainable development. He described a customer-centric model evolving from product provision to solutions, and from serving individual clients to supporting the broader client value chain, positioning OCB as a central platform within the financial ecosystem.

Shareholder discussion also referenced the stock price context, with ROE expected to rise back above 15% as restructuring effects take hold. The bank plans to grow lending while maintaining asset quality and improving net interest margins.

AGM approvals and financial plan

The AGM approved all proposals. OCB set the following 2026 targets:

• Pre-tax profit: 6,960 billion VND (up 39%)
• Asset growth: 354.214 trillion VND (up 10%)
• Total deposits (market 1): 251.919 trillion VND (up 14%)
• Outstanding loans (market 1): 235.875 trillion VND (up 15%)

Capital increase and board election

OCB also plans to issue about 399.46 million new shares (15%) to raise capital from equity. This could increase charter capital from 26.631 trillion VND to 30.625 trillion VND. The proceeds are intended for growth, competitiveness, and digital modernization.

An independent board member, Le Xuan Nghia, was nominated for the 2025–2030 term. The meeting concluded with all resolutions approved.