 |
| A customer uses a Military Bank service. The bank will issue 62.5 million shares to increase equity. — Photo vnexpress.net |
HA NOI (Biz Hub) ― Military Bank has received approval from the State Bank of Viet Nam to increase its equity from VND10.63 trillion (US$506.2 million) to VND11.26 trillion ($536.2 million).
The bank will issue 62.5 million shares for the capital increase, resolved at its shareholder meeting in April.
Fifty million shares will be offered to shareholders, with the remainder to be reserved for employees. ― VNS