ABBank Issues US$143 Mln Shares to Raise Equity
An Binh Commercial Joint Stock Bank (ABBank) said it has finished selling 114.7 million new shares to existing shareholders, strategic partners and staff.
Via the sale, the bank has boosted its registered capital to VND2.3 trillion ($143.8 million) from VND1.13 trillion, becoming a few joint stock banks in Vietnam with capital of more than VND2 trillion.
Last time, ABBank raised capital from VND990 billion to VND1.13 trillion one year ago. (VnEconomy)
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