The dividend payment and the increase in charter capital to VND 34,688 billion is part of SeABank 's strategy to strengthen its financial capacity and supplement medium- and long-term capital sources amidst the increasing demands for capital adequacy and expanded investment in digital transformation by banks. This plan was approved by the bank's shareholders at the 2026 Annual General Meeting and has recently been approved by the State Bank of Vietnam and the State Securities Commission.

Accordingly, shareholders owning 100 shares will receive an additional 20.5 new shares. The last registration date to exercise the right to receive stock dividends is May 29, 2026. The capital for the issuance comes from accumulated undistributed after-tax profits as of December 31, 2025, with a total issuance value at par value of VND 5,838 billion. Besides the dividend payment plan, in 2026, SeABank plans to issue up to 40 million ESOP shares (preferential shares for officers and employees) at a price no lower than VND 10,000 per share for managers who meet criteria regarding work performance, professional competence, and level of commitment. The program aims to recognize the contributions of key personnel, while increasing engagement and creating long-term development momentum for the bank.

Customers conducting transactions at Southeast Asia Commercial Joint Stock Bank (SeABank). Photo: PHAN THU

Following the completion of the two share issuances, SeABank's charter capital is expected to increase by VND 6,238 billion, from VND 28,450 billion to VND 34,688 billion. This is another step in the bank's roadmap to enhance its financial capacity to meet the needs of business growth, technology investment, and international standard risk management requirements.

A representative from SeABank stated that in recent years, the bank has continuously increased its charter capital to strengthen its financial foundation, improve its capital adequacy ratio (CAR), and expand its credit growth potential. This capital increase also enables the bank to invest more heavily in technology infrastructure, digitalize services, and enhance customer experience as part of its retail banking development strategy. The additional capital raised from these issuances will be used to improve financial capacity, enhance operational safety indicators, expand business scale, and strengthen investment in technology infrastructure. The bank also aims to continue its sustainable development, improve its competitiveness, and increase shareholder value in the long term.

Currently, SeABank is considered one of the most important banks in the banking system with a charter capital of VND 28,450 billion, and is rated Ba3 by Moody's in many important categories. It is also one of the first banks to implement the international Basel III risk management standard.

    Source: https://www.qdnd.vn/kinh-te/tai-chinh/seabank-gia-tang-gia-tri-cho-co-dong-trong-dai-han-1042082