At the Congress, the Board of Directors (BOD) and the Executive Board (BOD) of NCB Bank presented a report on business performance, a report on the activities of the Board of Directors and the Board of Supervisors (BKS) in 2024, and an activity plan for 2025.
At the same time, the bank also submitted to the General Meeting of Shareholders (GMS) a plan to increase charter capital and some other contents.
Boost business in 2025, gradually building an effective and sustainable bank
According to the report of the Board of Directors and General Director of NCB, 2024 will witness a leap forward in NCB's business operations when it completes and exceeds the planning targets assigned by the General Meeting of Shareholders.
Total assets reached VND 118,559 billion, equivalent to 112% of the plan; total outstanding loans reached VND 71,175 billion, equal to 111% of the plan; capital mobilization from residents reached VND 100,489 billion, equal to 117% of the plan; CASA grew by 54% compared to 2024, contributing to optimizing capital costs.
NCB's customer size by the end of 2024 will reach 1.346 million customers, equal to 117% of the year-on-year plan and growing by 34.6% compared to the end of 2023; The number of customers using the izi Mobile digital banking application increased significantly, reaching 107% of the plan.
The consecutive positive growth figures over the past year are proof that the quality of NCB's products and services is increasingly meeting the needs of customers at higher standards and is welcomed, loved, and trusted by the market.
This is also a testament to the correct direction and drastic actions of the Board of Directors and employees of NCB Bank when choosing to simultaneously implement the comprehensive restructuring goal in parallel with the implementation of the new strategy, in the context of many difficulties and challenges in the market.
Since then, NCB has gradually become one of the prestigious, safe and effective banks, contributing to the sustainable development of the community that NCB serves.
Continuing that development momentum, in 2025, NCB submitted to the General Meeting of Shareholders a business plan with total assets reaching VND 135,500 billion, mobilizing customers reaching VND 118,500 billion, growing by 14.6% and 23.2% respectively compared to 2024; lending to customers increased by 30% to VND 92,528 billion.
NCB also set a profit target of VND59 billion against PACCL and committed to using all profits to implement the approved PACCL. In addition, the bank also aims to increase the customer base by 424,000 compared to 2024.
To achieve this result, NCB aims to launch many "nstick-nyuck" financial solution packages for the individual and corporate customer segments.
In particular, focusing on the individual customer segment in large cities, with an income level of quite a high; customers in the ecosystem of large enterprises and partners, while maintaining sales policies, promotions... to effectively exploit existing customer base.
At the same time, priority is given to expanding the SME segment, high-tech manufacturing enterprises, import-export enterprises, renewable energy enterprises and construction of budget capital, increasing capital mobilization from investment funds, FDI enterprises and enterprises in the fields of logistics, tourism and education.
In particular, in 2025, NCB will strongly implement the digital transformation strategy, building a solid technology platform and resources according to the new strategy, with the launch of the AllRise digital banking super app - a strategic product on Digital Wealth, marking an important milestone in the roadmap for realizing the new strategy.
The application is expected to become a "reactive engine" for NCB to accelerate in its pioneering journey of developing products and services on the most advanced technology platform, raising NCB's position on the digital financial map.
At the end of the Congress, reports of the Board of Directors, CEOs, reports on the 2025 business plan and the 2024 financial statements and a series of other reports have been approved by the General Meeting of Shareholders at an almost absolute rate.
Continue to increase charter capital by VND 7,500 billion
At this meeting, the Board of Directors of the bank submitted to shareholders a plan to continue increasing charter capital by VND 7,500 billion through offering 700 million individual shares, equivalent to 59.42% of NCB's charter capital at the time of offering, with the offering price not less than VND 10,000/share.
The expected issuance time is from the second and fourth quarters of 2025, after the State Bank of Vietnam (SBV) approved the capital increase and the State Securities Commission notified to receive the preliminary household registration to sell individual stocks.
After completing the capital increase, NCB will increase its charter capital from VND 11,780 billion to VND 19,280 billion. The entire amount of money collected from the sale, expected to be about VND 7,500 billion, will be used to supplement capital for business activities.
Sharing at the Congress, the Chairman of the Board of Directors of NCB said that charter capital is one of the important criteria to improve financial autonomy, determine the level of safety in operations as well as the bank's ability to develop sustainably in the future.
NCB has gathered the necessary energy and is ready to create a difference, innovation, and breakthrough creativity in the era of national growth.
We are committed to strongly investing all resources to meet the new journey, speeding up the implementation of NCB's 2023-2025 restructuring plan towards 2030, and at the same time implementing a new Strategy with pioneering steps in the banking and financial market" - Chairwoman of the Board of Directors Bui Thi Thanh Huong said.
The capital increase plan was approved by the General Meeting of Shareholders at a rate of 99.99%. Previously, on November 26, 2024, NCB completed increasing the bank's charter capital to VND 11,780 billion, improving the bank's financial capacity for new targets.
