Techcombank Takes Top Spot in Vietnam for Charter Capital

Techcombank’s board of directors has approved the results of the stock dividend issuance under its 2026 capital increase plan. The issuance concluded on October 30, 2026, with existing shareholders receiving 50 new shares for every 100 shares held. Following the issuance, the bank’s charter capital rose from VND 70.8624 trillion to VND 106.2936 trillion, the highest in Vietnam’s banking sector.

The issuance was funded by accumulated undistributed profits in the bank’s audited 2025 financial statements. A total of 3,543,115,125 shares were distributed to 88,833 shareholders. The 5,082-share difference between the approved issuance and the number distributed arose from fractional shares and undistributed shares; these will be canceled and will not be issued. The bank’s total share count rose to 10,629,355,539, all outstanding, with no treasury shares.

For comparison, MB completed a share offering to existing shareholders in September 2026, raising its charter capital to VND 100.6875 trillion. VPBank’s charter capital reached VND 100 trillion after it completed a stock dividend issuance. According to their financial reports for the third quarter of 2026, Vietcombank, BIDV and VietinBank had charter capital of VND 83.557 trillion, VND 77.782 trillion and VND 77.669 trillion, respectively.

The State Bank of Vietnam had approved an increase of up to VND 35.73097 trillion in Techcombank’s charter capital on October 13, 2026. Of that amount, VND 35.4312 trillion would come from the stock dividend and VND 299.77 billion from an employee stock ownership plan. If both issuances are completed, the bank’s charter capital is expected to reach approximately VND 106.593 trillion.

Source: VietVance