MSB announces business results for the first 9 months of 2025.

(Dan Tri Newspaper) - In the first nine months of the year, Vietnam Maritime Commercial Bank (MSB) recorded stable business results with profits exceeding VND 4,760 billion and total assets reaching nearly VND 356,000 billion.

Credit growth is a driving force for expanding asset size.

As of September 30th, MSB's total assets increased by 11% compared to the end of 2024. Lending to customers continued to be the main driving factor, with outstanding loans reaching over VND 204,950 billion, bringing credit growth to 15.1%.

Customer deposits reached nearly VND 183.4 trillion, a 19% increase compared to the beginning of the year. Of this, demand deposits (CASA) reached over VND 51 trillion, a 25% increase from over VND 40.8 trillion at the end of 2024 and accounting for 27.83% of total deposits.

The CASA ratio continued to increase for the fourth consecutive quarter, demonstrating MSB's efforts to enhance digital experiences and effectively leverage its customer base through a range of convenient products and services.

Time deposits increased by 16%, reaching nearly VND 132,360 billion, contributing to maintaining a stable and sustainable capital structure. Simultaneously, the issuance of securities reached nearly VND 26,100 billion, a 23% increase compared to the end of 2024, supporting MSB in diversifying its funding sources and optimizing its mobilization costs.

In the first nine months of 2025, MSB's total operating income reached nearly VND 10,200 billion, a slight increase compared to the same period last year. Of this, net interest income reached VND 7,904 billion, an increase of 11%. Despite relatively high deposit interest rates compared to previous years and MSB balancing lending interest rates to support customers, the bank still maintained its net interest margin (NIM) for the last 12 months at 3.45%.

In addition, income from service activities increased by 13%, reaching VND 1,547 billion, recording consistent growth across payment, treasury, trust, and agency segments. Maintaining the momentum from previous quarters, this segment continues to make a positive contribution to the bank's non-credit income structure.

At the end of the first nine months, MSB's consolidated pre-tax profit reached VND 4,760 billion. These results affirm MSB's sustainable growth momentum, with the operational efficiency of its core business segments being ensured to be stable and progressively optimized.

Regarding risk management and safety indicators, MSB's consolidated capital adequacy ratio (CAR) as of September 30 reached 12.18%; MSB's individual non-performing loans (NPLs) were at 1.9%, lower than the threshold stipulated by the State Bank of Vietnam.

The loan-to-deposit ratio (LDR) decreased from 73.91% (Q2) to 71.31% (Q3), and the ratio of short-term funding to medium- and long-term loans (MTLT) was controlled at 27.03%, ensuring safe and flexible liquidity.

Aiming to expand its operations and create momentum for the development of strategic projects, MSB recently completed a capital increase to VND 31,200 billion through the issuance of shares at a rate of 20% to pay dividends.

This not only demonstrates a commitment to protecting shareholder interests but also marks a new phase of development for MSB, with a larger scale and the potential to create breakthroughs. In recent years, MSB has been one of the banks that consistently pays dividends with a high dividend yield in the market.

In addition to its stable financial results, MSB also received the "Outstanding Asian Enterprise" and "Inspiring Brand" awards at the Asia Pacific Enterprise Awards (APEA) 2025, along with the "Outstanding Innovative Product and Service Bank" award at the Vietnam Outstanding Banking Forum 2025 (VOBA 2025).

These awards are clear evidence of MSB's continuous efforts in innovation, not only in products and services but also in strong brand-building strategies, aiming to reach a higher level of "mind, body, and spirit," and inspiring positivity in the community.

Mr. Nguyen Phi Hung - Deputy General Director of MSB - representing the company to receive the "Outstanding Asian Enterprise" award (Photo: MSB).

Sustainable development - a roadmap for the next growth phase.

The first nine months of 2025, especially the third quarter, marked many advancements for MSB on its journey towards sustainable development. The bank views this not only as keeping pace with global trends, but also as a long-term vision and a mandatory commitment to ensuring a balance between profit objectives, social benefits, and environmental protection.

In July, MSB announced its Sustainable Finance Framework, built according to a series of international standards, which helps MSB standardize its credit granting process, issue green/sustainable bonds, and raise green capital domestically and internationally.

Furthermore, MSB's joining the Alliance for Green Commercial Banks, initiated by IFC, marks a significant milestone in its journey to integrate with the global green finance trend.

Through this, the bank not only gains access to international knowledge resources and technical support, but also contributes to spreading a sustainable financial model within the Vietnamese banking system.

Mr. Vo Tan Long - Chairman of MSB's Sustainable Development Committee (fourth from the left, back row) at the launch event of the Green Commercial Banking Alliance in Hong Kong, China (Photo: MSB)

Sustainable development is also MSB's long-term commitment to the community and shareholders. MSB states that it is gradually building a "responsible bank" model, where all business activities are geared towards the common goal of economic growth linked to sustainable values.

Source: https://dantri.com.vn/kinh-doanh/msb-cong-bo-ket-qua-kinh-doanh-9-thang-dau-nam-2025-20251030161946803.htm