Vietcombank shareholders at the 2025 annual meeting

On April 26, Vietcombank held its 2025 Annual General Meeting of Shareholders (AGM), approving many important contents, including the plan to issue private shares and elect additional members to the Board of Directors (BOD).

Specifically, Vietcombank plans to issue 543.1 million individual shares, equivalent to 6.5% of outstanding shares, to a maximum of 55 strategic investors and professional securities investors. The total issuance value at par value is up to VND5,431 billion. The implementation period is in the period of 2025-2026, depending on the actual needs of investors.

The goal of this share issuance is for Vietcombank to increase its charter capital, strengthen its financial capacity, and maintain its leading position in the banking industry.

After the issuance, Vietcombank's charter capital will increase from VND83,557 billion to about VND88,988 billion. Previously, the bank issued more than 2.76 billion shares to pay dividends, increasing its charter capital by VND27,666 billion, becoming the bank with the highest charter capital in the system.

At the meeting, Vietcombank shareholders also approved the 2024 profit distribution method. After paying taxes and setting aside companies, this bank has more than 23,000 billion VND in profit to pay dividends, according to the approval of competent state agencies.

Another notable content is that the General Meeting of Shareholders approved the dismissal of Mr. Shojiro Mizoguchi, member of the Board of Directors, according to the proposal of Mizuho Bank (strategic shareholder) on changing representative personnel. This proposal was approved by the State Bank.

At the same time, Vietcombank shareholders also approved the election of two additional members of the Board of Directors for the 2023-2028 term, including: Mr. Kohei Matsuoka (born in 1969, Japanese nationality), Executive Member of Mizuho Bank, Co-Head of Business Management Department for Asia region and Ms. Hoang Thanh Nhan (born in 1972, Master of Banking degree).

Ms. Nhan has held many important positions: Deputy Head of Communications and Marketing at the Communications Department of the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) before 2019; Deputy Head of Communications and Press at the Communications Department of the State Bank and Editor-in-Chief of Banking Times.

In 2025, Vietcombank targets individual pre-tax profits at the parent bank to reach VND42,734 billion and may adjust according to the State Bank's opinion after receiving comments from the Ministry of Finance. Consolidated pre-tax profits are targeted to increase by 3.5%.

Source: https://nld.com.vn/vietcombank-vua-co-quyet-dinh-nhan-su-quan-trong-196250426123237235.htm