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Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

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28.9 C
Ho Chi Minh City
Wednesday, July 9, 2025

NCB doubles charter capital to nearly VND11.8 trillion

The Saigon Times

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HCMC – National Citizen Commercial Joint Stock Bank (NCB) has completed a share issue via private placement, doubling its charter capital to nearly VND11.8 trillion.

The bank issued more than 617 million shares to domestic investors at VND10,000 per share. The share sale, which ended on November 26, raised around VND6.18 trillion. The shares are not transferrable for one year.

NCB said the money will be used to expand business operations, invest in digital transformation, improve branding, and upgrade facilities.

The share issue increases NCB’s total voting shares to nearly 1.18 billion. NCB plans to continue adjusting up its charter capital to over VND29 trillion by 2028 as part of its restructuring plan to enhance financial resources and competitiveness.

Closing the trading session today, November 27, its NVB shares on the Hanoi Stock Exchange stayed flat at VND9,000 per share, with a matching volume of over 186,000 shares.

The VN-Index also moved sideways with a slight decrease of 0.06%, slipping 0.16 point to 1,241.97, with 125 winners and 236 losers.

Trading volume and value dropped 25% and 15% over the previous session, respectively, with 428.8 million shares worth VND11.3 trillion changing hands. Block deals accounted for 62.7 million shares valued at nearly VND2.1 trillion.

FPT stole the limelight today, rising 2.7% to VND138,900. With 9.8 million shares traded, the stock contributed 1.35 positive points to the main index.

POW took the lead by liquidity with a matching volume of over 13 million shares, gaining 1.6% to VND12,550.

On the Hanoi Stock Exchange, the HNX-Index dipped 0.61 point, or 0.27%, to 223.09 points, with a trading volume of 30.8 million shares valued at VND509.8 billion. The northern market saw 59 advancers and 88 decliners.

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