According to the report of OCB 's Board of Directors at the General Meeting of Shareholders, in 2024, the world situation continues to be complicated and unpredictable with many risky and uncertain factors. However, the world economy is gradually stabilizing as global trade improves again, inflationary pressure is less tense, and financial conditions continue to be loosened. In that context, the bank has implemented a series of preferential credit programs with a total limit of more than VND 65,000 billion, supporting more than 15,000 corporate and individual customers to access capital at reasonable costs and competitive interest rates.
In addition, OCB has also implemented a strong digital transformation, helping to shorten transaction times for customers. These activities have helped the bank maintain a credit growth rate of nearly 20% in market 1, higher than the industry average (15.08%). As a result, OCB's total assets have also improved significantly, reaching VND 280,712 billion, an increase of 17% compared to 2023. At the same time, the bank continues to record strong growth in market 1 mobilization; asset quality control; compliance with limits and ratios to ensure safety of banking operations. In particular, OCB has been effectively implementing capital mobilization activities in the "green revolution", demonstrating its pioneering role as one of the leading banks in sustainable development strategies. As of December 31, 2024, green credit at OCB increased by 30% compared to 2023, which is considered a high credit growth rate compared to banks in the whole system.
Mr. Trinh Van Tuan - Chairman of OCB Board of Directors delivered the opening speech at the Congress
In 2025, OCB targets total assets of VND 316,779 billion, up 13%, total mobilization of market 1 of VND 218,842 billion, up 14%. In particular, with a solid foundation from 2024, through a strong structural shift to customers with good growth potential, OCB expects total outstanding loans of market 1 to increase by 16%, reaching VND 208,472 billion. Pre-tax profit increases by 33% compared to 2024, reaching VND 5,338 billion.
With the set strategic goals, OCB has built an operational orientation towards governance and operational optimization, specifically: Striving to bring OCB into the Top 5 leading private commercial banks in Vietnam in terms of ESG efficiency, ensuring sustainable development; Optimizing the governance and operational model in a modern direction, restructuring the organizational model; Building a clear customer segmentation strategy, orienting products and services according to the needs of each segment; Consolidating the risk management and compliance platform, ensuring sustainable growth; Promoting digital transformation and applying technology in operations; Building a high-quality human resource team, creating sustainable competitive advantages. In particular, perfecting and promoting comprehensive ESG implementation in banking operations, aiming to bring the ratio of green credit outstanding to total outstanding TT1 debt in 2025 to over 11%.
In addition to approving the 2025 business plan, at the General Meeting, shareholders also agreed to approve the plan to pay cash dividends at a rate of 7%, increasing charter capital to VND 26,631 billion by issuing shares from equity at a rate of 8%. The amount of money raised from the capital increase will be used by the bank to supplement capital for business, investment, lending, and purchasing and building facilities. In fact, with the plan to continuously increase business scale every year, increasing charter capital is necessary to help the bank improve its financial capacity, increase room for credit expansion as well as strengthen the capital adequacy ratio (CAR). The time to implement the capital increase will be decided by the Board of Directors after being permitted by the competent authorities. It is expected that after the capital increase, Aozora Bank, Ltd. will remain the sole major shareholder of OCB with an ownership ratio of 15%, unchanged from previous years.
This year, the Congress also elected additional members of the Board of Directors and Supervisory Board for the 2025-2030 term. Accordingly, the Board of Directors for the 2025-2030 term of OCB will consist of 7 members and 5 members of the Supervisory Board, an increase of 2 members compared to the 2020-2025 term. This addition is to match the scale and governance needs at OCB in the new period.
The conference conducted the election of additional members of the Board of Directors and members of the Supervisory Board for the 2025-2030 term.
At the conference, many other important plans and proposals were also approved by shareholders.
Source: https://ocb.com.vn/vi/tin-tuc-su-kien/tin-tuc/ocb-to-chuc-thanh-cong-dai-hoi-dong-co-dong-thuong-nien-2025
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