Nam A Bank to Raise Capital via Share Issue

3:26:23 PM | 7/8/2005

Nam A Bank to Raise Capital via Share Issue

 

Nam A Joint Stock Bank plans to raise VND80 billion (US$5.1 million) through issuing shares by the end of this year, boosting its chartered capital to VND150 billion (US$9.6 million).

 

The bank will offer 30,000 shares to existing shareholders and employees by mid-November and 50,000 more shares, whose price has not yet been determined, will be for the public.

  • D.D