AsemconnectVietnam - 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 over VND860 billion, maintaining a stable growth momentum.

Specifically, in the first 9 months of 2025, Vietbank's net interest income reached VND2,218 billion, up 5% over the same period last year thanks to improved demand for loans leading to positive credit growth.
Non-interest income continued to contribute positively: net interest income 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 decreased to VND296 billion, showing that asset quality continued to be controlled. The bank said that the loan portfolio remained in customer segments that were closely assessed, thereby helping to reduce the pressure on provisioning. The bad debt ratio improved from 2.75% to 2.69%. At the end of the first 9 months of the year, Vietbank reported a pre-tax profit of more than VND 860 billion, up 5.6% over the same period last year.
As of September 30, 2025, Vietbank's total assets reached VND188,133 billion, up nearly 16% over the beginning of the year. Outstanding loans to customers reached VND103,780 billion, up more than 12%. Customer deposits increased positively, reaching VND100,829 billion. The Bank's equity capital reached VND8,210 billion, up 15% over the beginning of the year.
In early October 2025, Vietbank was approved by the State Securities Commission 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 setting a high GDP growth target in the coming years, requiring improving the capital capacity of the banking system.
N.Nga
Source: VITIC/Tinnhanhchungkhoan