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.

The published financial information shows that 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 foreign exchange revenue doubled.

The bank also stepped up debt collection and bad debt settlement. In the third quarter of 2025 alone, the amount of debt collected in group 5 (debts with the possibility of losing capital) increased by 68% compared to the total amount collected in the first 6 months of the year.

Thanks to the above factors, pre-tax profit in the third quarter of 2025 reached VND 343 billion. Accumulated in 9 months, pre-tax profit reached VND 437 billion, up 140% over the same period and completing 79% of the yearly plan.

BVBank also invested in a dual digital ecosystem including Digimi Digital Bank and Digistore sales management platform. Compared to the same period in 2024, the total number of transactions on Digimi increased by 71%, capital mobilization through digital channels increased by 103%. For Digistore, compared to the second quarter of 2025, the number of customers using it increased by 3 times, sales increased by 8 times and CASA increased by 2.4 times.

As of September 30, 2025, the bank's total assets will reach VND 122,600 billion, an increase of 18% compared to the end of 2024 and completing the whole year plan.

BVBank's outstanding credit balance reached nearly VND78,000 billion, up 14.1% compared to the beginning of the year. The bank said it has focused on boosting credit to priority sectors such as manufacturing, trade, supply chain and retail, as well as individual customer segments, business households and small and micro enterprises. Asset quality is well controlled, with the bad debt ratio improved.

Regarding capital mobilization, the total scale reached 113,000 billion VND, up 18.4% compared to the beginning of the year. Of which, deposits from individual and institutional customers reached nearly 92,800 billion VND, up 24% compared to the beginning of the year. Notably, mobilized capital with terms of 12 months or more accounted for 73% of total mobilization, helping BVBank proactively manage capital sources 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