KLB shares have been approved for listing on HOSE.

Kienlong Commercial Joint Stock Bank (KienlongBank; UpCOM: KLB) officially received approval on December 18th to list its shares on the Ho Chi Minh Stock Exchange (HOSE), marking a significant milestone in the bank's development and integration into the capital market.

KienlongBank has achieved the goals set at its 2025 Annual General Meeting of Shareholders. Prior to this, the bank approved a resolution to adjust the number of shares registered for listing to 582,170,526 shares, corresponding to the number of outstanding shares after the share issuance to pay a 60% dividend to shareholders in September 2025.

The approval of KienlongBank's listing by HOSE demonstrates that the bank has fully met the higher requirements regarding information disclosure, corporate governance, and market discipline. Its presence on HOSE is expected to act as a catalyst to enhance the liquidity of KLB shares, thereby helping the bank expand its access to medium and long-term capital, creating a foundation for expanding its operations and strengthening its financial capacity.

*KienlongBank has achieved the goals set at the 2025 Annual General Meeting of Shareholders.*

From a long-term perspective, listing on the HOSE also helps KienlongBank gradually approach and adapt to international standards, thereby enhancing its brand reputation and position in the financial market. At the same time, this move opens up opportunities for cooperation with strategic investors and international partners, and aligns with the government's goal of improving the quality of the securities market in Vietnam.

On the UpCOM market, the opening price of KLB shares in the morning trading session on December 19th was 16,800 VND. Recently, the positive developments in liquidity and price fluctuations have shown the market's confidence and expectations for the bank's growth.

A positive business foundation is a key driver supporting the performance of KLB shares. Over the five years (2021-2025), KienlongBank's total assets increased by more than 80%, reaching nearly VND 100,000 billion, and pre-tax profit recorded a growth of nearly seven times compared to the 2018-2020 period. Notably, in the first nine months of 2025 alone, the bank achieved a pre-tax profit of VND 1,537 billion, double that of the same period last year and completing 112% of the full-year plan.

2025 – marking 30 years of formation and development – is not only an anniversary but also a gateway to a new phase. Financial goals will be higher, new products and services will continue to be launched, and technology will become increasingly integrated with people. KienlongBank remains steadfast in its core values, believes in innovation, and is committed to accompanying customers, investors, and the community.

Building on its foundation of three decades, KienlongBank is ready to embark on a new journey – where every step of development makes a difference, and every customer experience evokes emotion, connecting lasting value for today and tomorrow.

Prior to its official listing on the HOSE, KLB shares were positioned by the market as a bank stock entering a new growth cycle, with a clear accumulation base, improved liquidity prospects, and wider access to capital. These are considered important factors laying the foundation for KLB's future performance, suitable for both short-term and medium- and long-term investment strategies.

Kien Long Commercial Joint Stock Bank was established in 1995. 2025 marks its 30th anniversary. Total assets are projected to reach approximately VND 100,000 billion by 2025. The core strategy focuses on improving governance and sustainable development. The goal is to increase shareholder value and contribute to the capital market.

Source: https://congthuong.vn/co-phieu-klb-duoc-chap-thuan-niem-yet-tren-hose-435623.html