BVBank earned 437 billion VND in profit in 9 months, up 140% thanks to debt collection and Digimi "leverage"

BVBank had an impressive 9-month business period with very strong profit growth (140%), far exceeding the industry average, and completing the total asset target early. Growth momentum came from both core activities (net interest income) and non-interest activities, along with the effectiveness of the digitalization strategy.

According to published financial information, BVBank recorded positive improvements in the third quarter of 2025. Total operating income reached nearly VND 850 billion, an increase of 24% compared to the second quarter of 2025. Net interest income in the third quarter reached VND 717 billion, accounting for 85% of total income.

Non-interest income continues to be a bright spot. Compared to the same period in 2024, service fee revenue increased 1.5 times and revenue from foreign exchange trading doubled.

The bank also stepped up debt recovery and bad debt resolution. In the third quarter of 2025 alone, the amount of debt collected from group 5 (loans with a high risk of default) increased by 68% compared to the total amount collected in the first six months of the year.

Thanks to the above factors, pre-tax profit in Q3/2025 reached VND 343 billion. For the first nine months of the year, pre-tax profit reached VND 437 billion, an increase of 140% compared to the same period last year and achieving 79% of the annual plan.

BVBank also invested in a dual digital ecosystem comprising the Digimi digital bank and the Digistore sales management platform. Compared to the same period in 2024, the total number of transactions on Digimi increased by 71%, and capital mobilization through digital channels increased by 103%. For Digistore, compared to Q2/2025, the number of customers using the service tripled, sales increased eightfold, and CASA increased 2.4 times.

As of September 30, 2025, the bank's total assets reached VND 122,600 billion, an 18% increase compared to the end of 2024, fulfilling the full-year plan.

BVBank's outstanding loan balance reached nearly VND 78,000 billion, an increase of 14.1% compared to the beginning of the year. The bank stated that it has focused on boosting lending to priority sectors such as manufacturing, trade, supply chains, and retail, as well as individual customers, household businesses, and small and micro enterprises. Asset quality is well controlled, with an improved non-performing loan ratio.

Regarding capital mobilization, the total size reached VND 113,000 billion, an increase of 18.4% compared to the beginning of the year. Of which, deposits from individual and institutional customers reached nearly VND 92,800 billion, an increase of 24% compared to the beginning of the year. Notably, term deposits of 12 months or more accounted for 73% of total mobilization, helping BVBank proactively secure capital for the following quarters.

Source: https://daibieunhandan.vn/bvbank-lai-437-ty-dong-trong-9-thang-tang-truong-140-nho-thu-hoi-no-va-don-bay-digimi-10393425.html