Specifically, the transaction offices terminated include transaction office Le Thi Rieng – Bac Lieu branch, transaction office No. 1, transaction office Chau Thanh – Kien Giang branch, transaction office Tay Nam – Branch Dat Mui, Cau Ngang transaction office – Tra Vinh branch, Vung Liem transaction office, Cuu Long transaction office – Vinh Long branch, My Xuyen transaction office, Dai Ngai transaction office, Nga Nam – branch transaction office Soc Trang branch, An Phu transaction office – Bac An Giang branch. It is known that in 2021, BIDV set a target of 10-12% credit growth, ensuring compliance with the credit limit assigned by the State Bank. Capital mobilization growth is consistent with capital use, balanced with credit growth, expected to be about 12-15%.
The consolidated pre-tax profit plan for 2021 is 13,000 billion VND, an increase of more than 40% compared to 2020. The controlled bad debt ratio does not exceed 1.6%.
Also this year, the bank plans to increase its charter capital by VND 8,304 billion to 48,524 billion, equivalent to an increase of 20.6% in the form of stock dividends and additional issuance.
Specifically, the bank plans to issue 207.3 million shares to pay dividends in 2019 (ratio 5.2%), issue 281.5 million shares to pay dividends in 2020 (ratio 7%). . In addition, BIDV plans to issue an additional 341.5 million new shares in the form of public offering or private offering.
Expected time to pay stock dividend is in Q3 and IV / 2021. Meanwhile, the public offering or private offering is expected in the period 2021-2022 after being approved by the competent state agency.
Source: bizlive.vn – Translated by fintel.vn
