AsemconnectVietnam - At the end of the first quarter of 2025, National Citizen Bank (NCB - code NVB) recorded positive profits with business indicators achieving positive growth, financial safety indicators improving well, ensuring compliance with regulations. This is a positive signal showing that NCB is on the right track, approaching the goal of safe operations and sustainable development.

Sharing at the General Meeting of Shareholders (AGM) held on March 29, NCB's General Director revealed the bank's bright business results, expected to make a profit from the first quarter of 2025. This result was achieved thanks to NCB promoting business activities according to the New Strategy in parallel with actively restructuring the bank according to the roadmap in the Restructuring Plan (PACCL) with a vision to 2030 approved by competent authorities.
Business flourishes amid many challenges
According to information from the bank, from the first quarter of 2025, NCB recorded an estimated pre-tax profit of more than VND125 billion. Growth indicators were positive in all aspects: mobilized capital (including customer deposits and issuance of valuable papers) was estimated at more than VND107,000 billion, up 6.8% compared to the end of 2024; customer loans were estimated at more than VND78,000 billion, up 9.6% compared to the end of 2024, equivalent to an increase of more than VND6,800 billion.
Net interest income reached the highest level in 9 consecutive quarters, estimated at nearly VND510 billion. Other business activities such as service activities, foreign exchange and gold trading, investment securities trading... were all profitable in the last quarter. Total assets as of March 31, 2025 reached nearly VND131,000 billion, up 10.4% compared to December 31, 2024. In 2025, NCB set a business plan for the whole year with total assets reaching VND135,500 billion, customer mobilization reaching VND118,500 billion, up 14.6% and 23.2% respectively compared to 2024; customer loans growing 35% to over VND96,000 billion. NCB also set a pre-restructuring profit target of VND59 billion and committed to using all profits to implement the approved PACCL. In addition, the bank also aims to increase its customer base by 424,000 compared to 2024.
The positive results were achieved in the context of economic difficulties and internal challenges when the bank had to simultaneously implement new business activities in parallel with strong restructuring. That has shown the right, methodical and effective direction of NCB, standing firmly on its own feet and taking firm, optimistic steps after only 3 years of comprehensive transformation across the entire system.
Improving financial capacity, pioneering the development of digital solutions to create breakthroughs
In 2025, NCB aims to continue increasing its capital to VND19,280 billion and has been approved by the Annual General Meeting of Shareholders. If successfully implemented, this will be the 3rd capital increase in 4 consecutive years (2022 - 2025) of this bank. According to the roadmap, NCB's charter capital is expected to reach more than VND29,000 billion by 2028 in accordance with the approved PACCL, helping NCB consolidate financial resources, increase medium- and long-term capital to expand business operations.
The increase in charter capital demonstrates NCB's strong determination to improve financial capacity for the goal of safe, effective and sustainable operation, meeting new development goals in the coming period.
With continuously consolidated resources, NCB aims to offer many "tailor-made" financial solution packages for individual and corporate customer segments, comprehensively meeting customer needs in 2025. At the same time, strongly implementing digital transformation according to the new strategy, pioneering the development of products and services on a state-of-the-art technology platform with innovative and creative thinking. Accordingly, NCB plans to launch a strategic product on Digital Wealth by the end of 2025, promising to bring breakthroughs in financial solutions for NCB customers.
At the same time, NCB continues to vigorously implement a series of solutions according to the PACCL roadmap approved under the "Project on restructuring the system of credit institutions associated with bad debt settlement in the period 2021-2025" according to Decision 689/QD-TTg of the Prime Minister and instructions of the State Bank. Thanks to that, by the end of March 31, 2025, the bad debt ratio continued to decrease sharply, and all financial indicators ensured compliance with the regulations of the State Bank.
The positive signals in the first quarter of the new year have shown the journey of "going through the worst, to the best" of a "small but powerful" bank in the system of credit institutions in Vietnam. This is also proof that NCB has found the right answer to the difficult problem and implemented it resolutely and effectively, gradually making NCB one of the prestigious, healthy, effective banks, providing the best financial services and solutions and being loved in the market.
N.Nga
Source: VITIC/Tinnhanhchungkhoan