Vietnam Prosperity Commercial Bank (VPBank) has announced a record date of September 25 for the issuance of approximately 2.1 billion shares as dividends, aiming to boost its charter capital to over 106,200 billion VND.
- Record date for dividend share issuance set for September 25.
- Target charter capital to exceed 100,000 billion VND after the first phase.
- Total issuance value exceeds 20,660 billion VND from undistributed profits.
Vietnam Prosperity Commercial Bank (VPBank) has officially announced a proposal from its Board of Directors to approve September 25 as the record date for the payment of dividends via the issuance of approximately 2.1 billion shares. The State Securities Commission has already received the relevant reports regarding this massive issuance.
This move represents the first phase of a two-step capital increase plan approved during the 2026 general meeting of shareholders. Through this strategic expansion, VPBank expects its charter capital to soar beyond 106,200 billion VND, cementing its position as one of the most capitalized banks in the Vietnamese financial system.
The Mechanics of the Issuance
According to the plan, VPBank will issue more than 2.066 billion shares to existing shareholders with a total par value exceeding 20,660 billion VND. The issuance ratio is set at 26.04104%. For instance, a shareholder holding 10 million shares will receive an additional 2,604,104 new shares. The funding for this issuance is derived from the bank's accumulated undistributed post-tax profits.
Why This Matters
BozokMedia analysis shows that this aggressive capital injection is designed to enhance the bank's Capital Adequacy Ratio (CAR) and operational safety. By expanding its financial base, VPBank is positioning itself to absorb larger risks and compete more effectively against both domestic and international banking giants.
"VPBank's strategic trajectory of tripling its capital every five years is a masterclass in scaling financial infrastructure within an emerging economy."
Following the completion of the first phase, VPBank intends to execute a private placement of over 624 million shares to a foreign investor. This second phase will push the final charter capital to an impressive 106,244 billion VND.
Historical Growth Context
This expansion is part of a decade-long strategy of continuous capital growth. In 2015, VPBank's established capital was a modest 8,056 billion VND. By 2020, this had surged to 25,300 billion VND, and by 2025, it was projected to exceed 79,300 billion VND. The current 2026 plan is the culmination of this long-term vision.
| Year | Charter Capital (VND Billion) |
|---|---|
| 2015 | 8,056 |
| 2020 | 25,300 |
| 2025 (Est.) | 79,300 |
| 2026 (Target) | 106,244 |
Frequently Asked Questions
1. How will shareholders receive the new shares?
Shareholders on the record as of September 25 will be eligible for new shares based on the 26.04% issuance ratio.
2. What is the ultimate goal of this capital increase?
The goal is to strengthen the financial foundation, meet operational safety requirements, and increase the bank's overall competitiveness.
