VPBank to increase charter capital to US$1.18bnViet Nam Prosperity Joint Stock Commercial Bank (VPBank) will organise its shareholders’ meeting on March 19 with an important plan to increase its current charter capital. VPBank aims to increase its charter capital from VND15.7 trillion (US$689.7 million) to more than VND27 trillion ($1.18 billion) in 2018. — Photo vietnamfinance.vnThe bank aims to increase its charter capital from VND15.7 trillion (US$689.7 million) to more than VND27 trillion ($1.18 billion) in 2018. At the meeting, VPBank will discuss plans to distribute its profit, increase charter capital by paying stock dividend, issue shares and review its licence. To increase its charter capital, VPBank will continue to issue shares for domestic and foreign investors.

Source: VietNamNet News March 13, 2018 07:07 UTC