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On the morning of April 24, 2026, Vietbank (VBB) held its 2026 Annual General Meeting of shareholders, approving plans aimed at business growth, strengthening financial capacity, and a proposal to list the bank’s shares on HoSE. The Board presented a 2026 business plan with a pre-tax profit target of 2,100 billion VND (about 2.1 trillion VND), up 37% from 2025.
Vietbank set targets for 2026 including total assets of 230,000 billion VND (up about 17%). Outstanding credit is targeted at 134,000 billion VND (up 23.6%), while total mobilization is planned at 155,000 billion VND (up nearly 24%). The bank said it will maintain a risk-control orientation, with the non-performing loan (NPL) ratio kept under 2.5%.
Management stated that credit growth will be flexibly adjusted within the limit granted by the State Bank of Vietnam to balance growth with system safety.
A key agenda item was the plan to raise charter capital by 4,779 billion VND through three share issuances in 2026 and early 2027.
If all three issuances are completed, Vietbank’s charter capital would increase from 10,769 billion VND to 15,548 billion VND, representing a roughly 40% increase.
The additional capital is intended to support investment in infrastructure, upgrade the technology system, expand the operating network, and strengthen financial capacity to improve long-term business performance.
In response to questions on capital use, Mr. Nguyen Huu Trung, Deputy Chairman of the Board and Independent Director, said Vietbank’s CAR at the end of 2025 was 13.4%, while the CET1 ratio was 29.38%.
Mr. Trung noted that CAR should be leveraged not only as a compliance indicator but also as a competitive advantage. He said the capital increase would allow Vietbank to expand credit with selectivity, focusing on priority sectors, while maintaining a higher safety buffer above minimum regulatory requirements.
Chairman Duong Nhat Nguyen said the bank is confident it can complete the capital increase beyond 15,000 billion VND in 2026, adding that shareholder support is critical to successfully implementing the issuances.
On the plan to list VBB on HoSE, management said the bank has completed the filing and submitted to HoSE since March 2026, with a registered size of nearly 1.1 billion shares. However, given geopolitical and market volatility, Vietbank said it will consider the appropriate timing for listing, expected in Q2 or Q3/2026.
Regarding asset quality, Vietbank reported that its NPL ratio for 2025 was 2.92%, up from the previous year. Under the State Bank’s calculation standard, the ratio is 1.76%, which management said remains within control.
To address the issue, Vietbank plans coordinated measures including strict monitoring of loan portfolios, early risk detection, increasing resources for debt resolution, and supporting customers to resume production and business activities.
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