ABBank boosts capital to near 16.1 trillion dong after share issuance

ABBank completed a share issuance of approximately 209.6 million new shares, representing a 15% dividend to existing shareholders. The proceeds, drawn from undistributed after‑tax profit, raised the bank’s charter capital from 13.972 trillion dong to about 16.068 trillion dong. The increased capital is intended to improve the bank’s capital adequacy ratio, support credit growth, fund digital‑transformation projects and enhance the customer experience. The move aligns with the bank’s long‑term strategy to strengthen financial capacity and pursue high‑performance retail banking expansion.