Nam A Bank continues to develop its business network to international markets.

The Board of Directors (BOD) of Nam A Bank orients its operations in 2025 to focus on restructuring the system and organization, closely linking and harmonizing the three factors of "strategy - mechanism - people", striving to excellently complete the business plan.

Mr. Tran Ngo Phuc Vu - Chairman of the Board of Directors of Nam A Bank spoke at the Congress.

The key business targets for 2025 were also approved by the Congress. Specifically, the target of consolidated pre-tax profit is VND 5,000 billion; total assets are VND 270,000 billion; capital mobilization from individuals and economic organizations and issuance of valuable papers is VND 209,000 billion; outstanding loans to individuals and economic organizations are VND 194,000 billion; ensuring safety ratios in accordance with regulations.

Regarding the increase in charter capital, the 2025 Annual General Meeting of Shareholders agreed to increase by more than VND 4,281 billion, raising the charter capital from more than VND 13,725 billion to more than VND 18,000 billion. This capital increase is carried out through the issuance of shares from equity capital and the issuance of shares under Nam A Bank's employee stock option program (ESOP).

Accordingly, the bank will 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 VND3,431 billion. Regarding ESOP, Nam A Bank will issue 85 million shares, increasing its charter capital by VND850 billion, the issuers are the bank's staff.

The above capital increase aims to implement Nam A Bank's strategic development orientation to 2025, with a vision to 2030; at the same time, improve financial capacity to meet business development and risk management requirements, linking the interests of employees with the bank's operating results.

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

The 2025 Annual General Meeting of Shareholders also agreed on the plan to issue individual convertible bonds of up to VND 2,000 billion (or equivalent foreign currency value), the issuance volume is 20,000 bonds, the maximum bond term is 5 years, the type of convertible bonds, the domestic or international offering market, authorizing the Board of Directors to choose the issuance market. This activity aims to increase the scale of operating capital, supplement medium and long-term capital to serve credit needs as well as attract domestic and foreign investors.

This year, Nam A Bank continues to develop its business network in the international market. The goal is to expand its operating market, diversify its customer base using financial products and services, and attract investment capital and foreign currency from abroad, continuing to affirm the brand reputation, management capacity and financial potential of the bank.

In addition, implementing the policy of the Government and the State Bank of Vietnam (SBV), the 2025 Annual General Meeting of Shareholders also agreed on the policy of participating in the restructuring of the People's Credit Fund, authorizing the Board of Directors to select and decide on the plan to submit to the SBV for consideration and approval. At the same time, shareholders also unanimously approved the proposals such as: capital contribution, share purchase; listing of bonds issued to the public...

Mr. Tran Khai Hoan - Member of the Board of Directors and Acting General Director of Nam A Bank spoke at the Congress.

To effectively implement the business strategy and complete the plans approved by the 2025 Annual General Meeting of Shareholders, Nam A Bank has created important stepping stones, in which the stable growth of business results in 2024 opens up many positive prospects.

According to the independently audited financial report in 2024, Nam A Bank's pre-tax profit reached VND 4,545 billion (equivalent to an increase of 37.6% compared to 2023). Other important indicators continued to achieve positive results such as: Total assets reached more than VND 245,000 billion, an increase of nearly 16.8% compared to the end of 2023; capital mobilization reached nearly VND 179,000 billion, an increase of more than 9% compared to the end of 2023; credit activities reached nearly VND 168,000 billion, an increase of 18.34% compared to the beginning of the year. In addition, credit quality is always strictly controlled, ensuring compliance with the regulations of the State Bank.

In the first months of 2025, Nam A Bank maintained good growth momentum. For the first time, this bank's total assets exceeded 10 billion USD, reaching 266,000 billion VND, an increase of 20,700 billion VND, equivalent to 8.5% compared to the end of 2024. Other business indicators also had impressive growth, specifically: Total capital mobilized from economic organizations and residents reached more than 201,000 billion VND, an increase of 22,700 billion VND (equivalent to 13% compared to the end of 2024).

Meanwhile, outstanding loans reached nearly 175,000 billion VND (up nearly 4% compared to the end of 2024); investment in valuable papers reached nearly 27,400 billion VND (up 31% compared to the end of 2024); profit in the first 2 months of this year reached more than 900 billion VND (up 30% compared to the same period in 2024 and reaching 18% of the 2025 plan - this year's plan is 5,000 billion VND).

Overview of Nam A Bank 2025 Annual General Meeting of Shareholders.

Recently, Fitch Ratings - one of the three leading credit rating organizations in the world, rated Nam A Bank's Long-Term Issuer Default Rating (IDR) at "B+" with a stable outlook (similar to Moody's B1). The assessment results of Moody's and Fitch Ratings reflect the recognition of Nam A Bank's business results in recent times.

On the stock market, MarketVector Indexes added NAB shares to the MarketVector Vietnam Local Index portfolio - the benchmark index of the vanEck Vector Vietnam ETF (VNM ETF) fund in the review period of the first quarter of 2025.

Previously, in the restructuring period of Q3/2024, NAB was also included in the investment portfolio of Fubon FTSE Vietnam ETF. In addition to these two funds, there are currently ETF funds from Singapore, Taiwan, Hong Kong, the US and domestic ETF funds such as DCVFMVN Mid Cap ETF, VinaCapital VN 100 ETP... investing in NAB shares.

Regarding attracting capital from foreign financial institutions, Nam A Bank fully meets international standards (Basel III risk standards, IFRS international financial reporting, Fitch Ratings, Moody's Ratings, ESG, Sustainable Development Report, etc.). This year, Nam A Bank plans to continue attracting 200 million USD from foreign financial institutions and has completed working with the parties.

In 2025, Nam A Bank will continue to proactively maintain growth momentum through two important strategic pillars of digitalization and greening that flexibly adapt to the movements of the economy, committed to ensuring the rights of employees, customers, partners, shareholders, and domestic and foreign investors.

Source: https://thoibaonganhang.vn/nam-a-bank-tiep-tuc-chu-truong-phat-trien-mang-luoi-kinh-doanh-ra-thi-truong-quoc-te-161989.html