NCB Completes Capital Increase Ahead of Schedule, Ensuring Operational Safety

The State Securities Commission has just issued a document confirming receipt of documents and reports on the results of the private placement of 750 million shares by National Commercial Bank (NCB). Previously, NCB also announced a resolution of the Board of Directors approving the results of this share offering.

Thus, NCB successfully issued 100% of the offered shares to 17 domestic investors, equivalent to 750 million shares, with a par value of VND 10,000 per share. The issuance date was October 20, 2025. The total amount raised from this offering was VND 7,500 billion, officially completing the increase in NCB's charter capital to VND 19,280 billion – one year ahead of the schedule outlined in the Restructuring Plan (PACCL) approved by competent authorities. This result not only demonstrates investors' confidence in the bank's strategy, development roadmap, and bright future, but also reflects NCB's determination to gradually complete the approved PACCL ahead of schedule, meeting the goals of safe, efficient, and sustainable operation.

The increase in charter capital demonstrates NCB's determination to gradually complete the approved PACCL ahead of schedule.

The completion of the third consecutive capital increase within four years (2022–2025) also places NCB among banks with high charter capital in the market, meeting and fully complying with the operational safety indicators according to Circular No. 41/2016/TT-NHNN on capital adequacy ratios for banks and branches of foreign banks of the State Bank of Vietnam. Previously, NCB also impressed the market by increasing its charter capital to nearly VND 11,780 billion in 2024, elevating the bank from a small to a medium-sized enterprise.

This demonstrates NCB's strong determination and strategic steps to enhance its financial capacity, creating a solid foundation for business expansion and affirming its increasingly high competitiveness in the market. According to its roadmap, NCB will continue to increase its charter capital in the coming years, ready to create differentiation, innovation, and breakthroughs, aiming to become one of the most reputable banks, providing the best financial services and solutions in the market.

The Pay-off of a Well-Rounded and Effective Development Strategy

Completing the capital increase one year ahead of schedule at PACCL not only affirms the strong momentum of a bank undergoing restructuring in the right direction and effectively, but also confirms the correctness of the strategy and appropriate, well-planned solutions that NCB has chosen.

Recently, NCB announced that it has exceeded all its 2025 business targets in just 9 months. Accordingly, NCB's after-tax profit for the first nine months of 2025 reached over VND 652 billion, marking a clear and strong transformation compared to the same period in 2024.

NCB is accelerating its restructuring process and entering a new growth trajectory.

Total assets as of September 30, 2025 reached over VND 154,100 billion, a 30% increase compared to the end of 2024 and exceeding the plan by 14%. Capital mobilization (excluding the issuance of securities) reached nearly VND 119,326 billion, and customer loans reached over VND 94,956 billion, increasing by 24% and 33% respectively compared to the end of 2024 and exceeding the 2025 plan by 1% and 3% respectively. With effective solutions, NCB is currently maintaining very good control over loan quality. The ratio of non-performing loans to total outstanding customer loans is well controlled according to the restructuring plan (PACCL), while the ratio of non-performing loans for new disbursements is controlled at below 1%, credit quality has improved significantly, and the portfolio of income-generating assets has expanded considerably.

Continuing its growth momentum, NCB is accelerating its comprehensive transformation, creating a new version of the bank with a Digital Wealth strategy, redefining the banking experience through innovative thinking, being at the center of financial service innovation, pioneering the development of products and services on the most advanced technology platforms, aiming to become a socially responsible bank, contributing to the sustainable development of the communities that NCB serves.

These initial successes mark the culmination of nearly five years of NCB's steadfast and decisive implementation of a comprehensive restructuring plan and new strategy, with the participation of a new management team comprised of experienced, dedicated, and talented individuals, along with the collaboration of a leading global strategic consulting firm. Simultaneously, it reflects the bank's aspiration for a brilliant new chapter of development, joining the nation on its path towards an era of prosperity and strength.

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