On June 12, 2026, the State Bank of Vietnam issued Decision No. 1269/QD-NHNN regarding the amendment of charter capital information in SeABank's Establishment and Operation License.
Accordingly, SeABank's charter capital has increased from VND 28,450 billion to VND 34,288 billion, up VND 5,838 billion. The capital increase was carried out through the issuance of 583.8 million shares to existing shareholders at a ratio of 20.5202%, funded by accumulated undistributed after-tax profits as at December 31, 2025, according to SeABank's audited separate financial statements for 2025.
At a glance
- Company
- Southeast Asia Commercial Joint Stock Bank (SeABank)
- Ticker
- HOSE: SSB
- Announcement
- Financing
- Location
- Hanoi, Vietnam
Key figures
- Charter capital after increase
- VND 34,288 billion
- Charter capital before increase
- VND 28,450 billion
- Increase in charter capital
- VND 5,838 billion
- Shares issued to existing shareholders
- 583.8 million shares
- Planned ESOP share issuance
- up to 40 million shares
- Minimum planned ESOP share price
- VND 10,000 per share
Products and programs
In the context of increasingly stringent requirements for capital adequacy and digital transformation, the additional capital is expected to help SeABank improve safety ratios, expand business scale, and increase investment in technology infrastructure, laying a stronger foundation for the Bank's growth in the period ahead.
With a strengthened financial foundation following the capital increase, SeABank will continue to focus on expanding its retail banking business, accelerating digital transformation, and improving the quality of products and services to better meet customer needs, while delivering sustainable value for shareholders and stakeholders.
Hashtag: #SeABank
The issuer is solely responsible for the content of this announcement.
Questions around this news
How was the capital increase funded?
The increase was funded using accumulated undistributed after-tax profits recorded as of December 31, 2025. The release says this figure was based on the bank’s audited separate financial statements for 2025. The shares were issued to existing shareholders rather than described as a new public offering.
What capital-raising step does the bank plan next?
The bank says it plans to issue up to 40 million ESOP shares in a later phase, priced at no less than VND 10,000 per share. The proposed shares are reserved for management personnel who meet criteria covering work performance, professional competence and commitment to the bank.
What does charter capital mean for a bank?
Charter capital is the capital recorded in a company’s founding or operating documents and contributed by its owners or shareholders. For a bank, it is one component of the institution’s capital base, which is relevant to its operations and regulatory oversight; it is not the same as cash available for lending.
