Banks to issue billions of shares to pay dividends for the rest of 2022

Banks to issue billions of shares to pay dividends for the rest of 2022

After the State Bank of Vietnam (SBV) approved VPBank to increase charter capital in the form of share issuance from the equity source, the bank will issue a maximum of 2.23 billion shares at the rate of 50 per cent to increase its charter capital from VNĐ45.05 trillion to VNĐ67.43 trillion in the third quarter of 2022.
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