This is part of the Board of Directors' resolution to implement the 2025 charter capital increase plan, which was approved by the Annual General Meeting of Shareholders in April.
After the issuance, the bank's charter capital is expected to increase by 5,200 billion VND, to 31,200 billion VND. The capital for the dividend payment will be taken from distributable profits after MSB has fully allocated funds as required, including undistributed profits from previous years. Figures are based on the audited financial statements for 2024 as of 31/12/2024.
The bank expects to complete the dividend distribution in Quarter IV/2025, pending regulatory approval. Last year, the bank also completed a stock dividend distribution in October.
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MSB expects to complete the dividend distribution in Quarter IV/2025. Photo: MSB |
MSB expects to complete the dividend distribution in Quarter IV/2025. Photo: MSB
An MSB representative stated that this capital increase aims to strengthen the bank's financial foundation, enhance its competitiveness, and ensure capital adequacy ratios meet international standards. The additional capital will allow MSB to expand medium and long-term credit, invest in technology infrastructure, and effectively develop strategic plans.
The stock dividend also benefits shareholders, demonstrating the effectiveness of investing in the bank's stock.
MSB is maintaining stable growth within the banking system, with a clear strategy for digital transformation, sustainable development, and business flexibility to enhance operational efficiency and risk management. Strengthening the capital base is considered a key pillar for MSB to continue creating sustainable value for customers, shareholders, partners, and the community.
Minh Ngoc
