Follow us

Facebook

Follow us

LinkedIn

Login

Techcombank targets US$4.5 billion capital increase, approves 7% cash dividend

Techcombank plans to raise its charter capital to more than VNĐ113.7 trillion (US$4.5 billion) – the largest increase announced in the banking sector this year – while paying a 7 per cent cash dividend and issuing bonus shares of up to 60 per cent, following shareholder approval at its annual general meeting on Saturday.