The capital increase helps NCB gradually complete its restructuring plan and implement a new strategy to become the leading modern digital bank in Vietnam.
Set challenging goals, be ready for big moves
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| NCB has just increased its capital for the third time in four consecutive years, demonstrating its determination to complete the approved restructuring plan ahead of schedule. |
In June 2024, NCB is the first credit institution to complete the construction and approval of a restructuring plan with the advice of Ernst & Young (E&Y) LLC - one of the top 4 prestigious consulting firms in the world in the field of bank restructuring and KPMG - a leading experienced and prestigious consulting partner in the market.
Thanks to the synchronous implementation of solutions according to the restructuring plan 's roadmap, just 6 months later, NCB has achieved positive results: recovering and handling outstanding assets reaching 130% of the restructuring plan's target; completing the provisioning and divesting of accrued interest right after completing the charter capital increase to nearly VND 11,800 billion in December 2024, pre -restructuring profit was higher than planned.
In parallel with the implementation of the restructuring plan , the bank also worked with the world's leading strategic consulting partner to build and strongly implement a new strategy, with a long-term vision and aspiration to become the bank providing the best financial services and solutions for the elite; a new NCB that brings excellent banking experiences through innovative and creative thinking, is the center of financial service innovation, pioneers in developing products and services on the most advanced technology platform, becomes a socially responsible bank, contributing to the sustainable development of the community that NCB serves. With the strong participation of the entire system, NCB has achieved positive results in the first year of implementing the new strategy.
Entering 2025, with a series of improvements in products, services, processes, and determination to innovate in business directions, NCB has had outstanding growth right from the first 6 months of the year. In the first 6 months of 2025, NCB's after-tax profit reached more than 462 billion VND, a sharp increase compared to 6 billion VND in the same period in 2024.
Total assets as of June 30, 2025 reached more than VND 144,054 billion, an increase of 21.6% compared to the end of 2024 and exceeding 6.3% compared to the 2025 plan of VND 135,500 billion. Compared to the 2025 plan approved at the Annual General Meeting of Shareholders at the end of March, customer loans in the first 6 months of the year are about to reach the set target, reaching 94% and total capital mobilization exceeding the plan by nearly 1.4%. The ratio of bad debt to total outstanding customer loans has decreased sharply compared to the end of 2024, the bank also applies digitalization in credit activities to bring a fast, simple, and superiorly convenient experience to customers.
Enhancing comprehensive capacity, creating different values in the new era
It is known that this is the third capital increase in 4 consecutive years (2022 - 2025) of NCB. From a small bank with a modest scale, NCB has continuously increased its capital "hugely", surpassing a number of large banks in terms of charter capital. This demonstrates NCB's strong determination to improve its financial capacity for the goal of safe, effective operations and sustainable development. At the same time, it demonstrates investors' confidence in the bank's strategy, development roadmap and bright future.
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| NCB Bank has had a comprehensive reconstruction and internal strength improvement over the past 4 years and achieved many outstanding achievements. |
This capital increase also marks the 4th anniversary of NCB's transformation journey. Accordingly, the bank has comprehensively rebuilt and consolidated its internal strength, with the participation of a new management and executive team with rich experience, dedication, vision and talent, bringing NCB a strong transformation in management and executive capacity and building new, effective and sharp operating orientations and strategies. Within just the first 2 years of transformation, NCB has been evaluated as one of the banks with a team of human resources, especially senior personnel with rich experience, professional capacity and management capacity in the Finance - Banking market, and has been honored by the HRAA Award as "Best Workplace in Asia" for two consecutive years 2023 - 2024.
Over the past 4 years, NCB has continuously invested heavily in infrastructure and technology solutions to improve its comprehensive digitalization capacity, aiming for a superior, safe digital experience. A series of key technology and digital transformation projects have been implemented quickly and effectively, helping to enhance the bank's ability to protect the integrity of important data against risks of incidents and improve the capacity to ensure information system security and safety, and the ability to protect customers against cyber security risks.
With the support of technology, NCB also impressed customers with its "transformation" in product and service solutions and customer experience. Thanks to that, it has been increasingly trusted by customers, demonstrated through impressive customer growth and business growth figures, continuously over the years. The bank also moved its new headquarters to a prime location in the center of Hanoi , optimized its network and upgraded its facilities to be more convenient for customers.
The positive changes have brought a new version of NCB that is increasingly loved by customers, making the NCB brand continuously grow in brand recognition, according to Mibrand Vietnam's assessment.
By continuing to improve its financial capacity, NCB is demonstrating a strong commitment to continuous upgrading, aiming to create breakthrough differences, innovations, and creativity in the era of national growth.
Source: https://baodautu.vn/ncb-tang-von-dieu-le-len-19280-ty-dong-d343341.html
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