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Techcombank’s 2026 annual general meeting (AGM) on April 25 approved a set of strategic resolutions that include a cash dividend, a plan to increase charter capital, and the bank’s 2026 business targets. The decisions are expected to strengthen the bank’s capital base while maintaining shareholder returns.
The AGM approved the 2026 profit distribution plan with a total payout ratio of 67%. Shareholders approved a 2026 cash dividend of 7% of par value, equivalent to 700 VND per share. The dividend represents the third consecutive year Techcombank has maintained a regular cash payout.
Alongside the cash dividend, the AGM approved increasing Techcombank’s charter capital through two issuances.
Techcombank will issue new shares from retained earnings (stock dividend) to existing shareholders at a 60% ratio. After this round, the bank is expected to claim the status of the largest private bank by charter capital in the system.
The AGM also approved issuing 35,871,290 shares (0.31638% of outstanding shares) under an Employee Stock Ownership Plan (ESOP), with transfer restrictions for one year. The plan is intended to attract, incentivize, and retain talent, particularly in technology, data, and AI.
After the two issuances, Techcombank’s charter capital is expected to rise to 113.7 trillion VND.
Techcombank’s AGM decisions are supported by its recent performance. The bank reported that 2025 closed with successful execution of its five-year strategic transformation (2021–2025), transitioning into a comprehensive financial ecosystem built on a digital-first platform.
For 2025, pre-tax profit reached a record 32.538 trillion VND. In early 2026, the bank reported continued momentum, with Q1 2026 pre-tax profit of nearly 8.9 trillion VND, up about 23% year over year. This was described as the highest quarterly pre-tax profit in the bank’s history.
Net fee income (NFI) increased 47% to 3.6 trillion VND. Life insurance fees rose 103.4% after three months of full-scale rollout. Under Basel II, the capital adequacy ratio (CAR) increased to 15.2%, reinforcing the bank’s capital position.
Based on the strong financial base and Q1 growth, the AGM approved Techcombank’s 2026 business plan. The management prepared two scenarios to respond to potential geopolitical developments.
If conflicts are resolved quickly and supply chains stabilize, the bank targets pre-tax profit of 37.5 trillion VND (up 15% from 2025), with an NPL ratio under 1.5%.
If conflicts persist and energy prices fluctuate, Techcombank targets pre-tax profit of 35 trillion VND (up 7.6%), with an NPL ratio under 2%.
In both scenarios, loan growth is expected to follow the 12% cap approved by the State Bank of Vietnam (SBV), alongside deposit growth to optimize the balance sheet. The bank said the clarity, flexibility, and proactive forecasting approach are intended to support sustainable growth.
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