Drooid Logo
Back to today’s briefing

Story perspectives

VPBank Raises $560M, Vietcombank Shares Sold in 2025 Plans

By Drooid · · How we work

13 2 Full Breakdown

1 of 1

Story summary
  • Vietnamese banks plan nearly $7 billion in share sales by the end of next year.
  • VPBank will raise $560 million via private placement, raising foreign ownership to 20% from 15%.
  • Vietcombank intends to sell 6.5% of its shares, worth about $1.2 billion, by year-end.
  • Fitch says the capital-raising drive will not materially improve banks’ capitalisation because funds will be quickly lent out.