On September 9, MSB finalizes the list of shareholders to receive a 20% stock dividend

MSB will issue 520 million new shares to distribute a 20% dividend, meaning shareholders owning 100 shares will receive an additional 20 shares. The capital for this stock issuance will come from distributable profits after necessary allocations, according to the audited financial report as of December 31, 2024. After the issuance, the bank’s charter capital will increase from 26 trillion VND to 31.2 trillion VND. This capital increase is part of MSB’s strategy to enhance competitiveness and ensure high standards in risk management. MSB’s shares have also seen positive growth, trading around 17,450 VND per share, up nearly 50% since the beginning of the year. MSB is attractively valued with a P/B ratio of 1.04, lower than the industry average. Although funding costs are slightly increasing, the net interest margin remains stable at nearly 3.5%. The bank is focusing on promising financial sectors and exploring strategic partnerships for growth.