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[BUSINESS] · Vietnam · 2 sources

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VPBank reaches 100 trillion VND in charter capital

VPBank has become the first private bank in Vietnam to reach 100,000 billion VND in charter capital. Following a stock issuance to pay dividends, the bank's outstanding shares increased from over 7.93 billion to 10 billion units, raising its charter capital from 79,339 billion VND to 100,000 billion VND.

This issuance is the first phase of a two-step capital increase plan for 2026. VPBank intends to further increase its charter capital to approximately 106,244 billion VND by conducting a private placement of over 624 million shares to a foreign investor.

Regarding financial performance, VPBank reported a consolidated pre-tax profit of 18,880 billion VND for the first six months of 2026. In the second quarter alone, pre-tax profit reached 10,959 billion VND, representing a 76% increase. By the end of June, the bank's total consolidated assets exceeded 1.5 quadrillion VND, a 19.2% increase compared to the end of 2025.

Entities

State Securities Commission of Vietnam · VPBank