top of page

Vietnam securities firms plan major capital increases by year-end



In late 2023, securities companies in Vietnam are vigorously increasing capital, with at least five firms planning to raise around VND13.4tr (USD553m). This surge, aimed at enhancing lending and investment activities, is driven by the growth in outstanding margin loans. LPBank Securities Company (LPBS) is set to expand its charter capital significantly, while SSI Securities Company (SSI) proposes to issue 453 million shares, potentially reaching a charter capital of VND19.65tr. VNDirect Securities Co (VND) plans a public offering to boost its capital to nearly VND15.22tr. Other firms like Tiên Phong Securities (TPS), Techcom Securities Company (TCBS), MB Securities Company (MBS), and ACB Securities (ACBS) are also pursuing substantial capital increases. By September 30, 2023, outstanding loans at securities companies had reached VND165tr.

bottom of page