"Sweet fruit" of restructuring: NCB completes 5-year journey, opens new acceleration phase

The business results for the third quarter and the first nine months of 2025 show an impressive growth picture of NCB, as all targets exceeded the full-year plan set at the General Meeting of Shareholders held at the end of March this year.

According to information from NCB, the bank continued to record positive business activities in the third quarter of 2025 when net interest income is estimated at more than VND 685 billion, an increase of 150%; income from service activities is estimated at more than VND 62 billion, an increase of 370% over the same period in 2024. At the end of the third quarter, NCB's total quarterly profit after tax is estimated at nearly VND 190 billion.

Accumulated in the first 9 months of 2025, NCB's after-tax profit is estimated to reach more than 652 billion VND, marking a clear and strong change compared to the negative results of the same period in 2024. Core business activities are still the main source of revenue for NCB in the past 9 months, when total net interest income is estimated at more than 1,947.7 billion VND, up 153% and income from service activities is estimated at more than 160.4 billion VND, up 155% over the same period in 2024.

Compared to the 2025 plan, NCB has officially reached the finish line and exceeded the business plan after only 9 months. Of which, total assets as of September 30, 2025 are estimated to reach more than VND 154,100 billion, an increase of 30% compared to the end of 2024 and exceeding the plan by 14%; capital mobilization (excluding issuance of valuable papers) is estimated to reach nearly VND 119,326 billion and customer loans are estimated to reach more than VND 94,956 billion, up 24% and 33% respectively compared to the end of 2024 and exceeding 1% and 3% respectively compared to the 2025 plan.

This result not only reflects the strong resilience of a bank that is restructuring in the right direction and effectively, but also affirms the correctness of the strategy and the appropriate, methodical solutions that NCB has chosen.

With the participation of a new management and executive team, since 2021, NCB has comprehensively rebuilt and consolidated its internal strength, fundamentally resolved backlogs, overcome existing problems, and improved operational efficiency. Thanks to that, in 2025, the bank achieved outstanding business results, and the ratio of bad debt to total outstanding customer loans was also well controlled according to the restructuring plan roadmap (PACCL).

Continuing the growth momentum, NCB said it is continuing to accelerate the restructuring process. The bank is currently completing the final steps to increase its charter capital by VND7,500 billion, to VND19,280 billion in 2025, earlier than the roadmap at PACCL. This is NCB's third consecutive capital increase in four years (2022-2025), a testament to its efforts to consolidate a strong financial foundation, creating room for business expansion and sustainable development of the bank.

At the same time, NCB is speeding up the process of handling outstanding assets, restructuring the investment portfolio towards increasing profitable assets, and optimizing capital efficiency.

The Bank also continues to focus on improving credit quality, implementing effective debt handling measures in parallel with improving the quality of new credit, by focusing on customers with transparent financial capacity, efficient operations and applying digitalization in credit work, to ensure safe and sustainable credit growth.

With effective solutions, NCB is currently controlling debt quality very well, the bad debt ratio for new disbursements is controlled at below 1%, credit quality is improving positively and the portfolio of profitable assets is significantly expanded.

Source: https://daibieunhandan.vn/trai-ngot-tai-cau-truc-ncb-hoan-thanh-chang-duong-5-nam-mo-ra-giai-doan-tang-toc-moi-10391016.html