Techcombank approved to increase charter capital to over 106 trillion VND

Techcombank has received approval for its plan to increase its charter capital. This plan involves distributing stock dividends at a 50% ratio to existing shareholders and issuing Employee Stock Ownership Plans (ESOPs) to its employees. This capital increase is part of the bank's long-term development strategy.

Under the approved scheme, Techcombank's charter capital is projected to increase to approximately 106,600 billion VND. This is a substantial figure, reflecting the bank's commitment to strengthening its financial capacity. The primary objectives of this capital increase are to support core business operations, expand its operational scale, and ensure compliance with the State Bank of Vietnam's capital regulations.

The increase in charter capital will also help Techcombank enhance its competitiveness in the financial market, reinforce its stability, and build a solid foundation for future development plans. This move is considered positive, contributing to strengthening the bank's position within the industry.

Key points
* Techcombank received approval to increase its charter capital.
* The capital increase plan includes a 50% stock dividend and ESOP issuance.
* Charter capital is projected to reach nearly 106,600 billion VND.

Nguồn / Source: VnExpress - Kinh doanh