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The first private bank to announce trillion-dong assets

Techcombank is the first private bank in Vietnam to announce total assets exceeding 1 quadrillion VND.

VTC NewsVTC News22/07/2025

As of June 30, 2025, Techcombank 's total assets reached VND 1,038 trillion, an increase of more than 6% compared to the end of 2024. This is also the first private bank to announce total assets of over VND 1 trillion.

According to the recently announced financial report for the second quarter of 2025, Techcombank recorded pre-tax profit of VND 7,898 billion, an increase of 0.92% compared to the second quarter of 2024. In the first 6 months of the year, Techcombank's pre-tax profit reached VND 15,135 billion.

Besides Techcombank, another private bank, although it has not yet announced its financial report, is also likely to reach 1 million VND. That is VPBank .

Techcombank is the first private bank in Vietnam to announce total assets exceeding 1 trillion VND.

Techcombank is the first private bank in Vietnam to announce total assets exceeding 1 trillion VND.

Reporting at the 2025 Annual General Meeting of Shareholders, VPBank General Director Nguyen Duc Vinh stated that as of the end of March, the bank's consolidated total assets had reached over 994,000 billion VND. According to Mr. Vinh, it is expected that in April or at the latest in May, VPBank's total assets will surpass the 1 trillion VND mark.

Similarly, MB is also the first private bank to reach the milestone of 100 trillion VND in assets in the first quarter. As of September 30, 2024, MB's total consolidated assets reached 1,028 trillion VND. By the end of the first quarter of 2025, this figure had increased to 1,16 trillion VND.

In the second quarter of 2025, many banks also recorded impressive growth figures. Kienlongbank recorded consolidated pre-tax profit of VND 565 billion, an increase of 67.2% compared to the same period last year. This is also the bank's highest quarterly profit since the first quarter of 2021. For the first six months of this year, the bank's pre-tax profit reached VND 921 billion, an increase of 67% compared to the same period in 2024 and achieving nearly 67% of its 2025 business plan (VND 1,379 billion).

TPBank 's business results for the first six months of the year also showed many positive signs, with pre-tax profit expected to reach over 4,100 billion VND, an increase of more than 12% compared to the same period last year.

TPBank's positive profit performance in the first six months of the year is due to credit growth reaching nearly 11.7%, mainly focused on retail banking, controlled real estate, and consumer finance – segments that generate high net profit margins.

Nam A Bank has also just announced its business results for the first six months of 2025. Accordingly, pre-tax profit reached over 2,500 billion VND, an increase of 14% compared to the same period in 2024. Nam A Bank's total assets reached nearly 315,000 billion VND at the end of June 2025, a growth of more than 30% compared to the beginning of the year.

LPBank announced its preliminary business results for the first six months of the year, with pre-tax profit reaching VND 6,164 billion, an increase of over 4% compared to the same period in 2024 and achieving 41.5% of the annual plan. In the first half of the year, LPBank's total operating income reached VND 9,601 billion, of which non-interest income accounted for 27%, an increase of 17.3% compared to the same period last year. The cost-to-income ratio (CIR) was 28.92%.

VietABank announced its first half business results with pre-tax profit in the first 6 months reaching VND 714 billion, equivalent to more than 55% of the 2025 plan and an increase of 27% over the same period in 2024.

As of June 30, 2025, VietABank's total assets reached VND 133,952 billion, an increase of VND 14,120 billion compared to the beginning of the year. Outstanding loans reached VND 87,422 billion, a growth of over 9.39%, and customer deposits reached VND 95,784 billion, an increase of VND 5,495 billion compared to the end of 2024.

Ngoc Vy

Source: https://vtcnews.vn/ngan-hang-tu-nhan-dau-tien-cong-bo-khoi-tai-san-trieu-ty-dong-ar955640.html


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