The Board of Directors of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV – HoSE: BID) recently approved a resolution to hold the annual general meeting of shareholders on April 27 at the BIDV Training and Research Institute, 773 Hong Ha Street, Hoan Kiem, Hanoi. The last registration date to exercise the right to attend the annual general meeting of shareholders is March 26.
According to BIDV, the content of the Congress will approve the business results report, the operating results of the Board of Directors, the Board of Supervisors in 2023 and the orientation for 2024. At the same time, approve the audited consolidated financial report for 2023 and the profit distribution plan for 2022, 2023, the plan to set up funds in 2024 and other contents.
BIDV ended 2023 with consolidated pre-tax profit of over VND 27,400 billion, up 18.8% over the previous year, but entering 2024, this bank is still cautious when only setting some key targets such as outstanding credit balance according to the credit limit assigned by the State Bank, expected to increase by 14%;
Mobilizing operating capital in accordance with capital use, ensuring liquidity and efficiency; controlling the bad debt ratio according to Circular 11 at or below 1.4%... Notably, the bank has not yet provided any information about profit targets.
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank - HoSE: VCB) informed that the 2024 Annual General Meeting of Shareholders will take place on April 26 at the Vietcombank Human Resources Training and Development School Hall, Ecopark Urban Area, Cuu Cao Commune, Van Giang District, Hung Yen Province. The deadline for the list of shareholders to exercise the right to attend is March 26.
In 2024, Vietcombank aims to make a profit of more than VND44,000 billion, an increase of 10% compared to 2023. Total assets by the end of the year are expected to increase by more than 8% compared to the beginning of the year, credit growth is expected to reach over 12%; in which, capital mobilization growth is in line with credit, bad debt is expected to be below 1.5%. Right from the beginning of the year, the State Bank assigned a credit growth target of 16% to this bank.
Military Commercial Joint Stock Bank (MB - HoSE: MBB) also set the last registration date for shareholders to attend the 2024 General Meeting of Shareholders as January 18. The bank is expected to hold the General Meeting of Shareholders on April 19 in Hanoi.
MB sets a target of VND30,000 billion in pre-tax profit in 2024, owning 30 million customers and being in the Top 3 in quality and efficiency. At the same time, revenue increases by 20%; bad debt ratio is below 1.7%.
Vietnam Export Import Commercial Joint Stock Bank (Eximbank - HoSE: EIB) announced that the last registration date for shareholders to exercise their right to attend the meeting is March 14. The bank plans to hold the General Meeting of Shareholders on April 26, in Ho Chi Minh City.
Entering 2024, Eximbank sets a target of pre-tax profit of VND 5,180 billion; total assets increasing by 11% to VND 223,500 billion; capital mobilization increasing by 10.5% to VND 175,000 billion; outstanding credit increasing by 14.6% to VND 161,000 billion; and bad debt ratio controlled at 1.8%.
National Bank (NCB - HNX: NVB) also informed that the last registration date to attend the 2024 General Meeting of Shareholders is March 12. April 13 will be the time of the bank's General Meeting of Shareholders, however, the meeting location was not disclosed in the announcement.
Southeast Asia Commercial Joint Stock Bank (SeABank - HoSE: SSB) announced the final registration date to attend the General Meeting of Shareholders as March 19. However, the time, location and contents to be approved have not been announced yet.
Similarly, Orient Commercial Joint Stock Bank (OCB - HoSE: OCB) set March 18 as the last day to finalize the list of attendees to the General Meeting of Shareholders but has not yet announced information related to the contents of the meeting.
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank - HoSE: STB) also set March 14 as the last registration date to attend the General Meeting of Shareholders for the 2023 fiscal year. The venue is White Palace Convention Center, address 194 Hoang Van Thu, Ward 9, Phu Nhuan District, Ho Chi Minh City at 7:30 a.m. on April 26.
Lien Viet Post Joint Stock Commercial Bank (LPBank - Code: LPB) announced the time to hold the 2024 General Meeting of Shareholders on April 27, expected at Ninh Binh Legend Hotel, No. 177 Le Thai To Street, Xuan Thanh Urban Area, Ninh Khanh Ward, Ninh Binh City, Ninh Binh.
An Binh Commercial Joint Stock Bank (ABBank - UPCoM: ABB) also issued a Resolution of the Board of Directors on the time to hold the 2024 Annual General Meeting of Shareholders scheduled at 8:30 a.m. on April 5, 2024 at the 4th Floor Hall, Geleximco Building, No. 36 Hoang Cau Street, O Cho Dua Ward, Dong Da District, Hanoi.
Vietnam International Commercial Joint Stock Bank (HoSE: VIB) has set the last registration date to attend the General Meeting of Shareholders as February 26. The bank said that the General Meeting of Shareholders will be held in March 2024 in Ho Chi Minh City. The meeting content is expected to follow the new meeting notice and meeting agenda.
Saigon - Hanoi Commercial Joint Stock Bank (HoSE: SHB) announced the time to hold the 2024 General Meeting of Shareholders at 1:30 p.m. on April 25. The meeting is expected to be held at Melia Hotel, 44B Ly Thuong Kiet, Hanoi.
Vietnam Technological and Commercial Joint Stock Bank (Techcombank - HoSE: TCB) plans to hold its Annual General Meeting of Shareholders in Hanoi. The bank has set the final registration date to attend the 2024 Annual General Meeting of Shareholders as March 19.
Vietnam Maritime Commercial Joint Stock Bank (HoSE: MSB) plans to hold its 2024 Annual General Meeting of Shareholders on April 10, at 54A Nguyen Chi Thanh, Lang Thuong Ward, Dong Da District, Hanoi. The expected last registration date for the right to attend is March 8.
Asia Commercial Joint Stock Bank (HoSE: ACB) also announced the time to hold the 2024 Annual General Meeting of Shareholders on April 4 at Sheraton Saigon Hotel, 88 Dong Khoi, Ben Nghe Ward, District 1, Ho Chi Minh City. The last registration date for shareholders to exercise their right to attend the meeting is March 1, 2024 .
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