OCB

Foreign investors net sold nearly VND 6,000 billion in a single session, with VIC alone accounting for VND 4,900 billion of the outflow. Domestic institutions net bought VND 5,500 billion, partially offsetting the selling. Analysts expect the foreign selling trend to continue until August or September, tied to market upgrade expectations.

OCB has secured State Bank approval to raise charter capital by nearly VND 3,995 billion to over VND 30,625 billion through a share issuance from equity. The move strengthens its financial base for business expansion, technology investment, and long-term growth, supporting a 2026 pre-tax profit target of VND 6,960 billion (+39% YoY).

The State Bank of Vietnam (SBV) exempts 25 commercial banks from including social housing, industrial park, and export processing zone loans in real estate credit growth limits from January 1, 2026. This regulatory change supports targeted lending while maintaining overall credit controls, benefiting banks like ACB, BID, and CTG with expanded capacity for priority sectors.

OCB appoints foreign AI expert Chris Shayan as Acting CEO from June 1, replacing Phạm Hồng Hải. The move underscores OCB's digital transformation strategy, with a 2026 pre-tax profit target of VND 6,960B (+40%) and a planned capital increase to over VND 30,600B.

OCB appoints Mr. Chris Shayan as Acting General Director from June 1, 2026, signaling a strategic push into AI and digital transformation. The bank targets 2026 pre-tax profit of VND 6,960B (+39%) and a capital increase to VND 30,625B. The leadership change aligns with OCB's long-term strategy to enhance competitiveness through technology.

EIB, KLB, STB, OCB, VIB, and SHB announced senior leadership changes in late May 2026, including resignations, appointments, and role adjustments. The moves reflect strategic realignments and succession planning amid intensifying competition in Vietnam's banking sector.

KLB appoints a new deputy general director as part of its digital transformation push, while STB sees a resignation after only six months in the role and OCB adds a foreign executive. These moves signal ongoing boardroom reshuffles across Vietnam's banking sector.

Imexpharm (IMP) undergoes board restructuring after Livzon Pharmaceutical Group acquired a 67.87% stake from SK Group and other shareholders. Two non-executive directors and one independent director resigned, with Livzon set to nominate replacements. AGG and OCB also announced senior leadership changes.

OCB (HOSE: OCB) appoints fintech and AI expert Chris Shayan as Deputy General Director effective June 1, 2026, and accepts the resignation of General Director Pham Hong Hai. The move signals OCB's push to accelerate digital transformation and AI adoption as part of its 2026-2030 strategy.

BIDV and Sacombank each reported non-performing loans exceeding VND 40,000 billion in Q1 2026, contributing to an 11% sector-wide NPL surge to VND 292,160 billion. The broad-based deterioration in asset quality raises provisioning costs and pressure on net interest margins for most listed banks, with only three lenders showing improvement.

The State Bank of Vietnam proposes replacing the LDR ratio with CDR while keeping the 85% cap, causing 13 of 18 major banks (including BID, CTG, VCB, MBB, VPB) to potentially exceed the limit. VPBank faces the highest CDR at 112%, while HDBank remains safest at 78%. Banks may need to adjust funding structures or face profitability pressure.