National Citizen Bank completes private share offering, raises VND 7,500 trillion

National Citizen Commercial Joint Stock Bank (NCB) announced the successful completion of a private placement of 750,000,000 common shares, raising VND 7,500 trillion. The shares were offered at a uniform price of VND 10,000 per share, with all shares fully distributed to domestic investors. No shares were allocated to foreign investors or economic organizations with over 50% foreign capital.

The private placement closed on October 20, 2025, with proceeds deposited into NCB's escrow account. The funds will significantly bolster NCB's capital base, which currently stands at VND 11,779,847,510,000. All shares issued in this placement are subject to a one-year transfer restriction for professional securities investors from the closing date.

The offering attracted a diverse group of 17 domestic professional investors, with each receiving varying allocations. For instance, Lê Thị Thu Hằng increased her ownership to 4.97%, holding 95,793,335 shares after the offering, while Đặng Thị Thùy Nhung acquired 57,839,543 shares, representing a 3.00% stake. The issuance was approved by the State Securities Commission and the Hanoi Stock Exchange.