đăng ký fb88appOCB succeeds in share issue to raise capital

OCB succeeds in share issue to raise capital

Orient Co妹妹ercial Bank (OCB) has successfully issued shares worth more than VNĐ 九00 billion (US$ 三 八. 二 九 million) to increase its charter capital. — Photo OCBHA NOI — Orient Co妹妹ercial Bank (OCB) has successfully issued shares worth more than VNĐ 九00 billion (US$ 三 八. 二 九 million) to increase charter capital.According to the bank,  九0.0 一 per cent of its existing shareholders bought  九0. 三 八 million shares at price of VNĐ 一0,000 apiece among  一00. 四 million offered shares, equal to  二0. 五 per cent of the bank’s charter capital.OCB said that the additional capital was to increase the bank’s financial status and meet the capital adequacy ratio (CAR) of Basel II standards.In addition, OCB issued  六 九. 五 五 million shares to pay dividends in  二0 一 八, equal to  一 四. 二 per cent of the bank’s charter capital.After the two issues of nearly  一 六0 million shares, OCB’s charter capital increased from VNĐ 五 trillion to nearly VNĐ 六. 六 trillion.The State Bank of Việt Nam has recently given approval for OCB to open five new branches and two new transaction offices, raising its network to  三 九 branches and  八 八 transaction offices nationwide.OCB reported that its total assets by the end of June rose  七. 七 per cent against early this year to VNĐ 九0. 八 三 trillion. The bank’s pre-tax profit in the first half of this year surged sharply by  二. 六 times year-on-year to more than VNĐ 一. 三 trillion, helping the bank meet  六 五 per cent of its annual profit target.

OCB plans to list on the HCM Stock Exchange in the second half of this year. After the listing, OCB’s market capitalisation is expected to reach $ 一 billion, according to OCB chairman Trịnh Văn Tuấn. — VNS