Small banks plan to change listing floors

Many listed banks

Kienlongbank plans to submit a plan to list KLB shares at the annual general meeting of shareholders (AGM), held on April 25.

According to Kienlongbank's Board of Directors, listing KLB shares is necessary and important, demonstrating that the bank is increasingly transparent in its operations and at the same time enhancing its competitiveness.

VietABank's Board of Directors also said that at the General Meeting of Shareholders on April 26, it will present to shareholders a plan to list all outstanding shares on the stock exchange. Accordingly, VietABank will submit for approval the listing of VAB shares on the stock exchange when market conditions are favorable; assign the Board of Directors to decide on listing on HoSE or HNX, specific time, listing price and listing procedures.

Similarly, BVBank submitted to shareholders for approval the plan to list BVB shares on HoSE this year.

Saigonbank will also list its shares on the HoSE/HNX. Mr. Vu Quang Lam, Chairman of the Board of Directors of Saigonbank, said that Saigonbank's financial indicators have met the requirements to list its shares on the HoSE and the Bank has signed a contract with a consulting company to transfer shares.

Pre-listing capital increase

Not only expecting profit targets and listing on HoSE/HNX, this year, the above banks also promote issuing shares to increase charter capital. In 2025, BVBank plans to increase its charter capital from VND6,408 billion to VND7,676 billion through 2 forms.

Of which, more than 106.8 million shares will be issued to the public at a ratio of 6:1. The number of shares issued to existing shareholders will not be subject to transfer restrictions. The entire additional capital of more than 1,000 billion VND will be used to expand lending activities.

At the same time, BVBank will issue up to 20 million shares to employees (ESOP) at a price of VND11,000/share.

In 2025, VietBank plans to increase its charter capital by VND 3,780 billion through two share issuances to existing shareholders.

Specifically, in the first phase, VietBank plans to issue more than 107 million shares (equivalent to 15%) to existing shareholders, with a par value of VND10,000/share. The number of additional shares issued is not subject to transfer restrictions. The expected implementation time is in the second and third quarters of 2025. After completing the first phase of issuance, VietBank's charter capital will increase to VND8,210 billion.

Phase 2 is expected to issue nearly 271 million shares (equivalent to 33% of the charter capital increased after phase 1) to existing shareholders. With the issuance price of 10,000/share, the total value of shares issued in phase 2 is more than 2,709 billion VND. The expected implementation time is in the third and fourth quarters of 2025.

If both issuances are successful, VietBank's charter capital will increase from VND7,139 billion to nearly VND10,920 billion.

Also at this year's General Meeting of Shareholders, VietABank will submit to shareholders for approval the target of nearly doubling its charter capital, from VND5,400 billion to VND11,582 billion, an increase of 114.5%. The capital increase plan includes 3 components.

Accordingly, VietABank plans to issue more than 285 million shares, at a rate of 52.8%, with a total par value of about VND2,851 billion. After this issuance, the charter capital is expected to reach VND8,251 billion. At the same time, it will issue shares to employees (ESOP) with 20 million shares, equivalent to VND200 billion (rate of 3.7%). ESOP shares are restricted from transfer for at least 1 year and will be implemented within 12 months from the date of approval by the management agency. In the final phase, the Bank will offer more than 313 million shares at a rate of 58%, with a total issuance value of nearly VND3,132 billion. After completing these 3 components, VietABank's charter capital will increase to VND11,582 billion.

PSG-TS Nguyen Huu Huan (University of Economics , Ho Chi Minh City) said that increasing capital is a necessary condition for banks to increase their Capital Adequacy Ratio (CAR), meet regulations and enhance competitiveness. At the same time, listing shares will also create liquidity for shares and help mobilize capital through the market.

Source: https://baodautu.vn/loat-ngan-hang-nho-len-ke-hoach-chuyen-san-niem-yet-d268975.html