VOV.VN - Singapore-based United Overseas Bank (UOB) has decided to inject an additional VND3 billion into its affiliate bank in Vietnam (UOB Vietnam), raising its affiliate’s charter capital to VND8 trillion.

Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.

Bamboo Airways is planning to raise its charter capital to VND30 trillion (nearly US$1.3 billion) to restructure its debts and increase capital for its core and support business activities.

VOV.VN - Malaysian bank CIMB has been granted approval by the State Bank of Vietnam (SBV) to increase its charter capital to a figure exceeding VND3.92 trillion.

The capitalisation of Vietnam’s banking sector is expected to increase by nearly US$2.8 billion this year.

Banks increased their charter capital by more than VND110 quadrillion in 2021 - the highest annual growth to date - to enhance financial strength and meet the central bank’s regulations.

The Bamboo Airways Joint Stock Company has raised its charter capital to VND18.5 trillion (US$814 million) from VND16 trillion, according to the National Business Registration Portal.

Business and production have been severely stricken by prolonged lockdowns and social distancing orders triggered by the worst-ever COVID-19 resurgence in the third quarter of 2021, according to the General Statistics Office (GSO).

The national flag carrier Vietnam Airlines has increased its charter capital to VND22.14 trillion (nearly US$1 billion) by issuing additional shares to current shareholders.

Vietnam Airlines incurred after-tax losses of nearly VND5 trillion in the first quarter of this year, surging over 90% year-on-year and the highest-ever losses recorded for a quarter, as the COVID-19 pandemic is emerging increasingly complicated.