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Techcombank held its 2026 Annual General Meeting of Shareholders (AGM) in Hanoi on the morning of April 25, presenting its business plan, cash dividend proposal and planned capital increase. As of 9:00 on April 25, direct and proxy attendance totaled 266 shareholders, representing more than 5.39 billion voting shares, equivalent to 76% of the bank’s charter capital, meeting the quorum requirements under the Company Law and the bank’s charter.
CEO Jens Lottner said Techcombank has fully complied with Basel III standards. On liquidity, the bank described its position as “extremely safe,” supported by three lines of defense: (1) strong equity capital and a low-cost funding base not reliant on deposits; (2) high-liquidity assets, including government bonds convertible into cash instantly; and (3) stable funding sources such as CASA deposits and long-term certificates, alongside international debt issuance when feasible. The bank also stated that if the central bank tightens Basel III liquidity requirements, it believes it can still meet them.
Techcombank added that it aims to be a leading provider of funding arrangements and may operate globally without a physical presence everywhere.
The AGM referenced Techcombank’s USD 1 billion syndicated loan, noting that more than 40 banks across Asia participated. The bank said this reflects the value of its international partner network and the credibility associated with strong sovereign ratings and transparent financial health.
Techcombank emphasized that it designs and finances large infrastructure projects in Vietnam and invites international funds, banks and insurers to participate, rather than relying solely on debt on its own balance sheet.
On personnel governance, Lottner said relationship managers must pass internationally recognized asset-management certifications. The bank also highlighted digitized processes intended to support thorough needs assessment and risk analysis before marketing any insurance or investment product.
Staff KPIs, according to the bank, are linked to customer satisfaction and the ability to offer a diversified, efficient asset portfolio, rather than maximizing product sales alone.
Regarding crypto and digital assets, Techcombank said it views them on a supply-demand basis and will approach crypto cautiously with strict compliance with NHNN (State Bank) regulations. In the early phase, the bank plans to provide safe, basic services based on bank-grade security, while longer-term goals include mobilizing new funding sources to support higher GDP growth.
The bank also cited potential instruments such as real estate investment trusts (REITs) and tokenized real assets, describing them as potentially transformative if the regulatory environment allows.
Techcombank said it currently funds only high-liquidity, legally sound and physically suitable projects. It noted that property loans account for more than 50% of the loan book.
The bank stated that it works with reputable developers and projects with clear legal titles and prime locations. It also said its NPL ratio has remained below 1% for over a decade, with recoveries on bad loans typically taking 2–3 years due to high-quality collateral. The bank added that it diversifies away from a single sector to mitigate systemic risk.
Under its “High Yield – Low Risk” philosophy, Techcombank said it prioritizes attracting low-cost funds (CASA) and increasing fee income through services such as bond advisory and insurance. While real estate lending remains a focal point, the bank plans to diversify into other sustainable sectors.
For growth financing, management said the bank does not see a need to rely solely on traditional loans. It positioned itself as a “capital market orchestrator,” advising on bond and equity issuances to help clients raise funds directly from capital markets, thereby generating fees and reducing dependence on annual NHNN credit quotas.
On the target capitalization of USD 20 billion, management said Vietnam’s growth potential and international comparisons justify the objective. It acknowledged that macro volatility in late 2025 and early 2026 created some delay, adding that with CASA-focused funding and off-balance-sheet income growth, achieving the target is a matter of time.
The AGM presented a two-scenario business plan for 2026 reflecting global risks:
In the near term, Techcombank reported that Q1 2026 pretax profit reached a record near 8,900 billion VND, driven by core income streams. Net interest income (NII) was about 9.5 trillion VND, while net fee income (NFI) rose to a record 3.6 trillion VND, up 47% year over year. Total assets were roughly 1.19 quadrillion VND as of March 31, 2026.
Bank-level loan growth was 2.89% year-to-date. Total client deposits were 651 quadrillion VND, up 14.2% from year-start. The CASA ratio, including Auto-Saving (Sinh lời tự động), remained high at 37.9%.
Techcombank proposed a 7% cash dividend for 2025, with each share receiving 700 VND. Distributions are planned in Q2 or Q3 2026 and will be funded from undistributed profits after reserves.
The bank also plans to increase charter capital by 42,876 billion VND in 2026 through two tranches:
If both tranches are completed, charter capital would rise from 70,862 billion VND to about 113,739 billion VND, described by management as the highest in the system.
At the end of the AGM, all proposals were approved. The meeting underscored Techcombank’s continued transition into a comprehensive financial services ecosystem—including wealth management, insurance and capital markets—and its ambition to maintain leadership in Vietnam and the region.
Source: Cát Lam, FILI, and Vietstock coverage on Techcombank AGM 2026.
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