HCMC – Over 539 million VAB shares of Vietnam Asia Commercial Joint Stock Bank (VietABank) will officially be listed on the Hochiminh Stock Exchange (HOSE) starting July 22, with a reference price of VND14,250 and a trading band of 20% on either side.
The listing on HOSE follows Decision No. 514/QD-SGDHCM, which took effect on June 26. Prior to this, VietABank had published its audited financial statements for 2023 and 2024, reporting strong business results.
As of the first quarter of this year, the bank’s consolidated total assets exceeded VND129 trillion, with outstanding loans reaching nearly VND84.91 trillion and equity capital at VND9.2 trillion.
Pre-tax profit reached VND353 billion, while the non-performing loan (NPL) ratio was kept under control, at 1.37%.
The bank currently operates nearly 100 branches and transaction offices nationwide, focusing on digital transformation and expanding its retail network. VietABank has set a target of VND1,306 billion in pre-tax profit for this year.