Vietbank 'closed' profit of more than 860 billion VND after 9 months, decided to increase 'huge' capital to nearly 11,000 billion VND

Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank, code VBB) has just announced its consolidated financial report for the third quarter of 2025 with pre-tax profit for the first 9 months of more than VND 860 billion, maintaining a stable growth momentum. Along with positive business results, Vietbank is implementing a plan to increase charter capital from VND 8,210 billion to nearly VND 10,920 billion to consolidate capital buffer, improve capital safety ratio and create room for sustainable growth in the coming period.

Specifically, in the first 9 months of 2025, Vietbank's net interest income recorded VND 2,218 billion, up 5% over the same period last year thanks to improved loan demand leading to positive credit growth.

Besides maintaining core business activities, Vietbank is diversifying revenue sources, reducing dependence on traditional credit. (Illustration photo)

Non-interest income continued to contribute positively: net profit from service activities reached VND123.5 billion (up 24%), while foreign exchange trading and securities trading recorded growth rates of 39% and 81%, respectively. This shows that in addition to maintaining core business activities, Vietbank is diversifying revenue sources, reducing dependence on traditional credit.

Operating expenses reached VND1,274 billion, reflecting the investment strategy for digital platforms, technology infrastructure and expanding the customer service network. In 2025, Vietbank launched Vietbank DigiBiz - a digital transaction platform for corporate customers - and deployed the IMS smart management system to digitize internal processes, shorten approval times and improve corporate customer experience.

Credit risk costs fell to VND296 billion, reflecting continued control of asset quality. The bank said its loan portfolio remained in closely assessed customer segments, helping to reduce provisioning pressure. The bad debt ratio improved from 2.75% to 2.69%.

Thus, at the end of the first 9 months of the year, Vietbank reported pre-tax profit of more than 860 billion VND, an increase of 5.6% over the same period last year.

As of September 30, 2025, Vietbank's total assets reached VND 188,133 billion, up nearly 16% compared to the beginning of the year. Outstanding loans to customers reached VND 103,780 billion, up more than 12%. Customer deposits increased positively to VND 100,829 billion. The Bank's equity reached VND 8,210 billion, up 15% compared to the beginning of the year.

It is known that in early October, Vietbank was approved by the State Securities Commission for its plan to issue shares to the public for existing shareholders.

According to the plan, the Bank will offer more than 270.9 million common shares with a par value of VND10,000/share, with a total issuance value of more than VND2,709 billion. After the issuance, Vietbank's charter capital is expected to increase from VND8,210 billion to nearly VND10,920 billion.

The issuance ratio is 100:33, meaning that shareholders owning 100 shares can buy 33 new shares. The distribution period lasts for 90 days from the date of receiving the registration certificate. This is an important milestone, affirming Vietbank's sustainable development orientation and determination to improve its position in the new period. This is also suitable in the context of Vietnam aiming for high GDP growth in the coming years, requiring an improvement in the capital capacity of the banking system.

Source: https://daibieunhandan.vn/vietbank-chot-lai-hon-860-ty-dong-sau-9-thang-quyet-dinh-tang-von-khung-len-gan-11-000-ty-10394255.html