Charter capital of banks to increase sharply in 2023

Charter capital of banks to increase sharply in 2023

Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.
Banks race to raise charter capital

Banks race to raise charter capital

A number of banks have been approved by the State Bank (SBV) to increase charter capital as well as plan to increase charter capital in the near future.
Banks plan to increase charter capital to 2.8 billion USD in 2022

Banks plan to increase charter capital to 2.8 billion USD in 2022

The capitalisation of Vietnam’s banking sector is expected to increase by nearly 2.8 billion USD this year.
Banks are "busy" to pay "paper" dividends: Who loses, who benefits?

Banks are "busy" to pay "paper" dividends: Who loses, who benefits?

This year, shareholders of banks continue to receive dividends in shares, but at a "giant" rate. This not only helps shareholders but also creates favorable conditions for the bank to increase charter capital.
Banks’ charter capital surged in 2021

Banks’ charter capital surged in 2021

Banks increased their charter capital by more than VNĐ110 quadrillion in 2021 - the highest annual growth to date - to enhance financial strength and meet the central bank’s regulations.
Time for securities firms to raise charter capital

Time for securities firms to raise charter capital

Many securities companies are planning to raise capital through forms such as dividend payment, purchase rights and private offerings to meet the growthnbsp;of the stocknbsp;market.
Banks in race for charter capital increase

Banks in race for charter capital increase

The State Bank of Vietnam (SBV) has officially approved plans to increase charter capital of many State-owned and private banks.
Newly-registered firms, charter capital hit lowest for September since 2016: GSO

Newly-registered firms, charter capital hit lowest for September since 2016: GSO

Business and production have been severely stricken by prolonged lockdowns and social distancing orders triggered by the worst-ever COVID-19 resurgence in the third quarter of 2021, according to the General Statistics Office (GSO).
General Secretary of the Banking Association Nguyen Quoc Hung: Bank profits need to be understood correctly, objectively and comprehensively

General Secretary of the Banking Association Nguyen Quoc Hung: Bank profits need to be understood correctly, objectively and comprehensively

VCN – Talking to the press, Mr. Nguyen Quoc Hung, General Secretary of the Banking Association said that the profits of banks need to be viewed objectively, comprehensively and from many angles. Banks are also willing to share profits for the sake of the community.
Bright - Dark financial picture of State-owned enterprises

Bright - Dark financial picture of State-owned enterprises

The financial picture of State-owned enterprises (SOEs) has shown bright and dark sides through the supervision results of State capital investment and finance of enterprises in the first six months of 2020.
How are 17 important banks doing business in 2021?

How are 17 important banks doing business in 2021?

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has just approved 17 credit institutions and branches of foreign banks by 2021.
Banks face charter capital difficulties

Banks face charter capital difficulties

State-owned banks are finding it more difficult to increase charter capital, especially when they still have to pay dividends instead of keeping the money for this purpose.
New rates of license tax in 2017

New rates of license tax in 2017

The license fee for organizations in this paragraph is based on the charter capital stated in the business registration certificate or written in the bylaws of the co-operative.
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