The State Securities Commission has licensed Vietcombank, TienPhong Bank, VP Bank and Western Bank to offer additional shares.

Partly-equitised Vietcombank will now issue more than 436 million VND 10,000 shares to all its shareholders at a ratio of 100:33.

Vietcombank Securities is the underwriter.

The issue will increase Vietcombank's charter capital to 17.59 trillion VND (837.61 million USD) or by 33 percent and is expected to help raise the bank's capital adequacy ratio (CAR) to 9-10 percent from 8.45.

TienPhong Bank will offer 100 million 10,000 VND shares to its shareholders.

The FPT Securities-brokered issue will help the bank raise its registered capital to the minimum legal requirement of 3 trillion VND (142.85 million USD) by year's end.

VP Bank will offer more than 154 million shares worth 1.54 trillion VND and a total face value (73.33 million USD) to its shareholders at a ratio of 100:62.83.

The issue will increase the bank's charter capital to 3.99 trillion VND (190 million USD) from 2.45 trillion VND (116.67 million USD).

Its in-house securities (VP Bank Securities) will serve as the underwriter.

Western Bank will offer 100 million 10,000 VND shares.

Of these, 69.4 million shares will go to its shareholders; 600,000 to its employees and the remaining 30 million to strategic investors.

E-Viet Securities will act as the broker.

Potential investors can register to buy from Friday, December 10./.