Nam A Bank pays 25% dividend, plans to open representative offices in the US and Europe

This was shared by Mr. Tran Khai Hoan, Acting General Director of Nam A Bank (Nam A Bank, stock code NAB), at the 2025 annual shareholders' meeting held on the morning of March 28.

• The first bank to "open the festival", spending more than 2,000 billion VND to pay cash dividends

Responding to shareholders’ questions about Nam A Bank’s network development strategy in the international market, Mr. Tran Khai Hoan said that opening representative offices in other countries aims to increase brand presence, in line with the process of economic development and international integration. In particular, the strategic markets that Nam A Bank initially targeted were the US, Europe, Japan, etc.

Over the past 30 years, the amount of foreign currency transferred to Vietnam is estimated at more than 200 billion USD. In 2024 alone, data shows that the whole country continues to attract more than 16 billion USD in remittances, with Ho Chi Minh City alone receiving 9.6 billion USD from this cash flow.

Nam A Bank sets profit target of 5,000 billion VND this year, dividend rate of 25% in shares

"This is a huge resource, and Nam A Bank's strategy is to reach out internationally to serve overseas Vietnamese in domestic investment fields, as well as bring the brand abroad" - Mr. Tran Khai Hoan shared.

Nam A Bank's shareholders' meeting approved business targets for 2025 such as profit target of VND 5,000 billion, dividend payment of 25% in shares, increase charter capital to more than VND 18,000 billion, issue convertible bonds up to VND 2,000 billion...

Regarding charter capital increase, Nam A Bank plans to pay dividends at a rate of 25% by issuing more than 343.1 million additional shares, contributing to increasing Nam A Bank's charter capital by more than VND 3,431 billion.

Regarding ESOP (employee stock option program), Nam A Bank will issue 85 million shares, increasing charter capital by 850 billion VND, the issuer is the bank's staff.

Mr. Tran Ngoc Tam, Permanent Vice Chairman of the Board of Directors of Nam A Bank, spoke at the congress.

"The above capital increase aims to implement the strategic orientation of the bank's development until 2025, with a vision to 2030. At the same time, it enhances financial capacity to meet the requirements of business development and risk management, linking the interests of employees with the bank's operating results" - said Mr. Tran Ngoc Tam, Standing Vice Chairman of the Board of Directors of Nam A Bank.

Regarding business activities, in the first months of 2025, Nam A Bank continued to maintain good growth momentum. For the first time, this bank had total assets exceeding 10 billion USD (reaching 266,000 billion VND), an increase of 20,700 billion VND compared to the end of 2024. Notably, the profit in the first 2 months of this year reached more than 900 billion VND (an increase of 30% compared to the same period in 2024).

Source: https://nld.com.vn/nam-a-bank-chia-co-tuc-25-du-kien-mo-van-phong-dai-dien-o-my-chau-au-196250328121957193.htm