SeABank (HOSE: SSB) has officially completed its charter capital increase to VND 34,288 billion following approval from the State Bank of Vietnam. The capital increase, which raised the bank's charter capital from VND 28,450 billion to VND 34,288 billion, was executed through the issuance of 583.8 million shares to existing shareholders at a ratio of 20.5202%. This was funded by accumulated undistributed after-tax profits as of December 31, 2025, according to SeABank's audited separate financial statements for that year.
The State Bank of Vietnam issued Decision No. 1269/QD-NHNN on June 12, 2026, amending the charter capital information in SeABank's Establishment and Operation License. The additional capital is expected to enhance the bank's safety ratios, expand its growth capacity, and improve its market competitiveness, particularly in the context of increasingly stringent capital adequacy requirements and the need for digital transformation.
The capital increase is part of the roadmap approved by SeABank's 2026 Annual General Meeting of Shareholders (AGM). In the next phase, the bank plans to further increase its charter capital through the issuance of up to 40 million ESOP shares at a price of no less than VND 10,000 per share. These shares will be reserved for management personnel who meet defined criteria in terms of work performance, professional competence, and commitment to the bank.
With a strengthened financial foundation, SeABank intends to continue focusing on expanding its retail banking business, accelerating digital transformation, and improving the quality of its products and services. The bank aims to better meet customer needs while delivering sustainable value for shareholders and stakeholders. The capital increase is expected to support investment in technology infrastructure, laying a stronger foundation for growth in the coming period.
For more information, see the SeABank website or review the official announcement on the Ho Chi Minh Stock Exchange.
