AsemconnectVietnam - Orient Commercial Bank (OCB) has just announced its consolidated financial report for the first quarter of 2026, showing positive developments with a pre-tax profit of VND1,224 billion.

Accordingly, in Q1/2026, OCB's total assets reached VND344,098 billion, an increase of 6.5% compared to the beginning of the year and a 19% increase compared to the same period last year. Market 1 deposits reached VND232,284 billion, an increase of 5.1% compared to the beginning of the year. Outstanding loans reached VND210,428 billion, an increase of 2.6% compared to the beginning of the year and a 14.1% increase compared to the same period last year.
In particular, green credit across the bank grew by 15% compared to the same period. The non-sudden increase in credit growth in the first quarter reflects the overall picture of the banking industry, as all banks had to ensure compliance with the State Bank of Vietnam's directives on credit policy in the first quarter of the year.
As of March 31, 2026, OCB's total net income reached VND2,722 billion, an increase of 19.8% compared to the same period last year. Of this, net interest income recorded VND2,383 billion, an increase of 10.1% compared to the same period, thanks to the continued growth in credit volume.
Non-interest income recorded a strong improvement thanks to the acceleration of digitalization, attracting more customers to use products and services, in addition to the strong recovery of foreign exchange business activities thanks to the orientation of closely following the Government's macroeconomic management policies, the monetary and exchange rate policies of the State Bank of Vietnam, and building appropriate and flexible foreign exchange business plans.
A highlight in the first quarter was the ability to control costs. Operating expenses increased only slightly compared to the same period last year, but decreased by 10% compared to the previous quarter, leading to a significant improvement in the CIR (Cost-to-Revenue Ratio).
At the end of Q1/2026, OCB's pre-tax profit reached VND1,224 billion, a 37% increase compared to the same period.
In 2026, with ambitious targets, pre-tax profit is projected to reach VND6,960 billion, a 39% increase compared to 2025; total assets are expected to increase by 10% compared to the end of 2025, reaching an estimated VND354,214 billion; total deposits and total outstanding loans in Market 1 are expected to increase by 14% and 15% respectively.
In 2026, OCB will continue to focus on debt management and resolution. With a solid financial foundation, a clear growth strategy, and new drivers from services, OCB expects to maintain positive growth momentum in 2026 as well as the 2026-2030 period.
N.Nga
Source: VITIC/Tinnhanhchungkhoan