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MBBank (MBB) to pay 35 percent dividends for 2020

Jun 24th at 15:04
24-06-2021 15:04:11+07:00

MBBank (MBB) to pay 35 percent dividends for 2020

Lender MBBank will pay 35 percent dividends in shares for 2020 to increase its charter capital.
An employee of MBBank assists a customer. Photo courtesy of MBBank.

Besides, it will sell shares to telecom giant Viettel and its subsidiary this year to increase its capital by another VND700 billion ($30.36 million), and an ESOP will add a further VND192.4 billion.

Its capital will thus increase by a total of 38 percent this year to VND38.68 trillion.

The bank targets a 20 percent increase in pre-tax profits to VND13.2 trillion this year, and credit growth of 10-11 percent.

Its MBB share has surged by over 84 percent this year.

Vnexpress

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