Fitch Ratings first rated Techcombank with “Positive Outlook”, emphasizing its strong capital capacity, effective risk management and sustainable growth strategy

On November 10, 2025, Fitch Ratings assigned the first credit rating to Vietnam Technological and Commercial Joint Stock Bank (Techcombank, HoSE: TCB) with a “Positive” outlook, and announced the Viability Rating (VR) and Government Support Rating (GSR) at ‘bb-’, in addition to recording the “Capital – Liquidity” score as ‘bb’.

Within 3 months, Techcombank has been continuously rated high by two leading credit rating organizations in the world, Fitch Ratings and S&P Global Ratings, affirming the Bank's strong capital capacity, effective risk management ability and sustainable growth strategy.

Techcombank has been continuously rated highly by the world's two leading credit rating organizations, Fitch Ratings and S&P Global Ratings.

Specifically, Fitch has for the first time rated Techcombank's Long-Term Issuer Default Rating (IDR) at 'BB-' with a "Positive" outlook, announced the Viability Rating (VR) and Government Support Rating (GSR) at 'bb-', and recorded the Funding and Liquidity rating as 'bb'.

According to Fitch Ratings, the “Positive” outlook reflects confidence in Techcombank’s strong financial capacity, stable capital structure and prudent risk management framework, as well as the bank’s efforts to diversify its credit portfolio and maintain stable asset quality across economic cycles.

In particular, the “Capital Resources – Liquidity” rating is assessed at 'bb' - the highest level among the rated banks, thanks to strong capital mobilization capacity with “ cost of capital significantly lower than the industry average ” and effective liquidity management ability.

Techcombank is the bank with the highest capital adequacy ratio among Vietnamese banks rated by Fitch, with Fitch Core Capital (FCC) reaching 13.9% and Tier 1 capital ratio of 14.2% (as of September 2025). Fitch believes that this strong capital capacity gives Techcombank room for growth while limiting concentration risks. “ This ratio can be further improved when Circular 14/2025/TT-NHNN is applied ,” Fitch emphasized.

Techcombank is the bank with the highest capital adequacy ratio among Vietnamese banks rated by Fitch.

Fitch Ratings also affirmed that profitability is one of Techcombank's outstanding strengths, with " operating profit ratio on risk-weighted assets (RWA) reaching 2.7% - significantly higher than the average level" belong to This result comes from effective capital cost control, diversified income structure and sustainable non-interest income sources.

At the same time, Fitch also assessed that Techcombank maintains strict credit appraisal standards and effectively manages collateral assets, demonstrated by a bad debt ratio of only 1.2% - among the lowest in the industry.

Mr. Alex Macaire - Group Finance Director - Techcombank shared: " Fitch Ratings ' rating The Positive Outlook is an independent and objective recognition of Techcombank's continued efforts. This is the second time in 2025 , Techcombank is rated highly by global credit rating organizations . affirms the consistent assessment from prestigious international organizations for strategy and financial capacity strong of the Bank. Techcombank is committed to continuing to pursue a sustainable growth strategy, bringing outstanding customer experiences and sustainable values. shareholders , community ; while actively contributing to Vietnam's economic growth."

Previously, on August 25, Techcombank also had its credit rating upgraded to BB by S&P Global Ratings.

Recently, Techcombank also recorded pre-tax profit in the first 9 months of 2025 reaching VND 23.4 trillion, up 2.4% over the same period - leading the private banking group. In particular, pre-tax profit in the third quarter of 2025 reached VND 8.3 trillion, up 14.4%, the highest quarterly pre-tax profit ever of the Bank. CASA ratio continues to lead the industry, with operational efficiency indicators all exceeding expectations in the context of many market challenges.

Notably, TCB was also previously included in the VNSI20 index basket - the top 20 enterprises with the highest ESG scores in the sustainability index basket of the Ho Chi Minh City Stock Exchange (HOSE), affirming its strong commitment to sustainable development and excellent corporate governance.

Source: https://daibieunhandan.vn/fitch-ratings-lan-dau-xep-hang-tin-nhiem-techcombank-voi-trien-vong-tich-cuc-nhan-manh-nang-luc-von-vung-manh-quan-tri-rui-ro-hieu-qua-va-chien-luoc-tang-truong-ben-vung-10395269.html