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National Citizen Bank boosts charter capital to over VND 19 trillion

December 16, 2025 at 06:00 PM UTCBy FilingReader AI

The National Citizen Commercial Joint Stock Bank (NCB) has updated its charter capital to VND 19,279,847,510,000 following a decision from the State Bank of Vietnam, effective December 15, 2025. This change amends Article 2 of the bank's establishment and operation license, originally issued on March 10, 2023.

The announcement, made public by Ta Kieu Hung, general director of NCB, confirms the bank’s responsibility to comply with relevant legal procedures as stipulated by Article 37, Clause 4 of the Law on Credit Institutions dated January 18, 2024. This decision supersedes a previous amendment from December 20, 2024.

NCB has committed to the accuracy of the disclosed information, which is also available on its investor relations website. The move signifies a notable financial strengthening for the bank, reflecting compliance with regulatory frameworks and strategic adjustments to its operational base.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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