SSB

SeABank (SSB) appointed Mr. Vo Long Nhi (Andrew Vo) as Deputy General Director effective June 1, 2026, adding a 25-year finance veteran to its top management. The move aligns with the bank's strategy to expand green finance and international partnerships, having raised over USD 1.1 billion from global institutions.

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.

MSB was the most sold stock by foreign investors in the last week of May, with net selling of VND 1,756 billion, contributing to a total foreign net outflow of VND 5,118 billion across the market. The selling pressure pushed VN Index down 0.73% to 1,863.49 points, highlighting persistent foreign divestment from Vietnamese equities.

On May 27, 2026, foreign investors net sold VND 791.4 billion (USD 31.66M) on the Vietnamese stock market, with retail investors also net selling VND 1,526.7 billion. Notable block trades included VIC (VND 1,597.5B) and VJC (VND 572.9B). MSB, MWG, and VPB were among the top foreign-bought stocks, while VHM, HPG, and VIC were sold.

Foreign investors net sold VND 1,802 billion (USD 72 million) on May 22, 2026, the highest in three months, driving VN-Index down 1.68%. Blue-chips VIC, VHM, and MSB led the sell-off, with VIC losing 3.52% and VHM 4.88%. The selling pressure underscores persistent foreign outflow from Vietnamese equities.

SeABank (SSB) plans to issue 583.8 million shares as a 20.5202% stock dividend from retained earnings, plus 40 million ESOP shares for management, aiming to raise charter capital to VND 34,688 billion. The move strengthens capital adequacy under Basel III and supports a 2026 pre-tax profit target of VND 7,068 billion (+3%).

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.

SeABank (SSB) secures SBV approval to increase charter capital by up to VND 6,238 billion, primarily through a 20.5% stock dividend (VND 5,838B) and a VND 400B ESOP. The move strengthens capital adequacy ratios under Basel III ahead of 2026 targets including 3% pretax profit growth and 17% credit expansion.

SSB sees a net-neutral insider transaction: the spouse of Vice Chairwoman Nguyen Thi Nga registered to buy 5 million shares (raising his stake to 1.955%), while her son registered to sell 5 million shares (reducing his stake to 1.102%). The moves, scheduled from May 15 to June 12, 2026, coincide with SeABank's plan to raise charter capital from VND 28.45T to VND 34.69T via a stock dividend and an employee stock program.

BIDV (BID) saw customer deposits fall by VND 82,031 billion in Q1 2026, the largest absolute decline among 12 listed banks reporting outflows. The sector-wide deposit contraction, concentrated among large private banks, contrasts with strong growth at HDBank and VPBank, highlighting divergent funding dynamics.

Techcombank (TCB) leads Vietnamese banks in 2026 with a 67% total dividend (7% cash, 60% stock), the highest in the sector. Other major banks including VPBank (31%), HDBank (30%), LPBank (30% all cash), MB (25%), and ACB (20%) also announced elevated payouts, signaling strong capital positions and shareholder return focus.

SeABank (SSB) will issue 583.8 million shares for a 20.5% stock dividend, raising charter capital to VND 34,688 billion. The capital increase aims to strengthen CAR under Basel III and support 2026 targets including 3% pre-tax profit growth to VND 7,068 billion.