Bank credit accelerates in the first 3 quarters of 2025

High credit growth

Of which, BIDV continues to lead with outstanding loans of more than VND 2.23 million billion, up 8.8% compared to the end of 2024, equivalent to an increase of more than VND 180,000 billion. VietinBank with nearly VND 1.99 million billion, up 15.6%, the highest in the group of state-owned banks. Meanwhile, Vietcombank reached VND 1.63 million billion, up 12.5%.

In the private banking sector, MB leads with outstanding customer loans reaching VND931,500 billion, up nearly 20%, continuing to consolidate its 4th position. VPBank holds 5th place with outstanding loans of nearly VND900,000 billion.

As of September 30, 2025,VIB 's total assets reached more than VND 543,000 billion, up 10% compared to the beginning of the year. Outstanding credit reached nearly VND 373,000 billion, up 15% compared to the beginning of the year, with equal contributions from three main business segments including: individual customers, businesses and financial institutions.

Bank credit accelerated in the first three quarters of 2025.

For the retail segment, VIB continues to selectively expand credit, focusing on core products such as home loans, car loans, business loans, etc., targeting high-quality customers with good collateral and full legal status. For the corporate and financial institution customer segments, VIB said it will promote growth in working capital loans, production and business loans, and project investment loans for reputable enterprises with strong financial capacity and sustainable development potential.

As of September 30, OCB's total assets reached VND315,162 billion, an increase compared to the beginning of the year and completing 99% of the plan. Mobilization of market 1 reached VND219,998 billion, an increase of 14.3% compared to the beginning of the year. Outstanding credit balance of market 1 was VND202,863 billion, an increase of 12.4% compared to the beginning of the year. Of which, outstanding customer loans increased by 13.7%, reaching VND200,054 billion. Outstanding credit balance of SME enterprises continuously increased, in the third quarter it increased by 10.1% compared to the second quarter.

As of September 30, 2025, HDBank's total assets reached VND782,000 billion (+12.1% compared to the beginning of the year); outstanding credit increased by 22.6%, focusing on priority areas and essential production and business. The bad debt ratio was at 1.97% individually, while CAR Basel II reached 15%, among the highest in the market.

In the large-scale banking group, VPBank attracted attention with credit growth of up to 29.4% by the end of the third quarter of 2025, thanks to the resonance from both the parent bank and its member companies. Other dynamic banks such as TPBank (18.3%) or NamABank (18.1%)... also recorded double-digit credit growth rates. The mid-sized banking group recorded fairly even growth in the range of 14 - 17%, including SHB (16.9%), MSB (16.1%), ACB (15.2%)...

As of September 30, 2025, Techcombank's total assets reached nearly VND1,130 trillion, up 15.4%. Credit on a consolidated basis increased by 21.4%, of which personal loans increased by 16%; loans to economic organizations increased by 22.2%. Customer deposits reached VND595,087 billion, up 11.6% compared to the beginning of the year.

Net profit increased sharply

Therefore, in the third quarter of 2025, Techcombank's total operating income (TOI) increased by 21.2% to VND 14,232 billion; operating expenses increased by 31%, from VND 3,431 billion to VND 4,493 billion. In terms of structure, net interest income in the third quarter of 2025 increased by 11.2%, from VND 8,929 billion to VND 9,925 billion.

Net interest income increased thanks to strong credit growth in the first three quarters of the year. By the end of the first nine months of 2025, VIB recorded total operating income of more than VND 14,700 billion, pre-tax profit of over VND 7,040 billion, up 7% over the same period. Net interest income reached nearly VND 11,900 billion, continuing to be the main contributor in the context of the bank boosting credit in all customer segments with competitive interest rates, focusing on high-quality customers with good collateral.

Responding to the Government's direction on credit support, VIB's lending interest rates were maintained at a reasonable level, contributing to promoting economic recovery. Net interest margin (NIM) reached 3.2%, ensuring a balance between profitability and asset quality.

OCB also said that pre-tax profit in the third quarter of 2025 reached VND1,538 billion, three times higher than the same period, thanks to continued growth in core business activities. Accumulated profit in the first 9 months reached VND3,431 billion, up 34.4% compared to the first 9 months of 2024. As of September 30, OCB's total net revenue reached VND2,931 billion, up 27.9% over the same period. Thanks to high credit growth, OCB's net interest income increased sharply by 17.4% over the same period last year, reaching VND2,424 billion thanks to the growth in credit scale, meeting customers' borrowing needs.

Thanks to the high credit growth, the trend is very positive with non-interest income reaching VND 5,366 billion, up 178.6%, thanks to a strong digitalization strategy and revenue diversification. Transactions via digital channels increased by 47%, accounting for 94% of total transactions, helping CIR decrease to 25.7% - one of the lowest levels in the industry. HDBank currently serves more than 20 million customers, affirming its position as a modern, friendly bank with sustainable growth.

According to data from the State Bank of Vietnam (SBV), by the end of September 2025, credit increased by 13.37% compared to the end of 2024, showing strong capital demand in the economy. The entire banking system is promoting lending, bringing credit growth in the right direction, contributing to realizing the target of GDP growth of over 8% in 2025. SBV leaders also forecast that this year's credit growth will likely increase by 20%.

VCBS also forecasts full-year growth of 18-20%. However, the room for interest rate reduction is expected to be limited, instead, there will be a slight increase due to many reasons. Credit is likely to accelerate at the end of the year when the State Bank loosens the target, forcing banks, especially joint-stock banks, to boost capital mobilization, increasing the risk of local liquidity shortages.

Source: https://baodautu.vn/tin-dung-ngan-hang-tang-toc-trong-3-quy-dau-nam-2025-d428947.html