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Tuesday, 16/9/2025 | 17:36 GMT+7

Techcombank to pay cash dividends in October

Vietnam Technological and Commercial Joint-stock Bank (Techcombank) plans to distribute over 7,086 trillion VND in cash dividends for 2024, at a rate of 10% of par value, this October.

The cash dividend plan was approved at the 2025 Annual General Meeting of Shareholders, alongside this year's business plan. Accordingly, shareholders will receive 1,000 VND per share. With over 7.08 billion outstanding shares, the bank expects to pay out over 7,086 trillion VND in dividends.

The payment will be based on the number of outstanding shares at the record date. The funds will be sourced from the bank's undistributed profits after allocations to funds as of 31/12/2024, according to the audited financial statements.

Shareholders will receive 1,000 VND per share. Photo: Techcombank

Shareholders will receive 1,000 VND per share. Photo: Techcombank

Techcombank stated that the dividend payment will be carried out in accordance with regulations, after fulfilling tax and financial obligations. The bank also affirmed its commitment to maintaining capital adequacy ratios and other safety indicators as required by the State Bank of Vietnam, ensuring its ability to meet due debts.

Earlier, the bank announced a Q2 profit of 7,900 trillion VND. The bank's total assets also surpassed one quadrillion VND for the first time, boasting the highest CASA ratio in the industry. In the first half of 2025, Techcombank attracted 1.2 million new customers, over half of whom joined via digital channels. The bank processed nearly 1.9 billion electronic transactions for individual customers, a 28% year-on-year increase, with a total value exceeding 6 quadrillion VND. According to Napas statistics, Techcombank currently leads the market in both card issuance (17.5% market share) and payment processing (16.1% market share).

Techcombank is one of the largest joint-stock commercial banks in Vietnam, serving nearly 16.5 million individual and corporate customers through a nationwide network of transaction points and a digital platform.

The bank is rated BB by S&P, BB- by Fitch, and Ba3 by Moody’s, placing it among the highest-rated joint-stock commercial banks in Vietnam. In July, Techcombank was the only bank in Vietnam to be awarded "Best Bank in Vietnam" by Euromoney, Global Finance, and FinanceAsia for two consecutive years, 2024-2025.

Minh Ngoc

By VnExpress: https://vnexpress.net/techcombank-du-kien-tra-co-tuc-tien-mat-trong-thang-10-4939621.html
Tags: Techcombank Techcombank dividends dividend payment

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