AsemconnectVietnam - FiinRatings, a strategic partner of S&P Global Ratings, has announced that it maintains the long-term credit rating of Nam A Commercial Bank (Nam A Bank, ticker NAB - HOSE) at "A-" with a "stable" outlook.

According to FiinRatings' assessment, Nam A Bank continues to maintain positive growth momentum thanks to optimizing its asset structure and improving core operational efficiency. By the end of 2025, the bank's total assets reached VND418 trillion, a strong increase compared to the previous year. Lending activities also recorded stable growth with outstanding customer loans reaching nearly VND198 trillion, an increase of 17.8%.
By the end of 2025, the bank's pre-tax profit reached over VND5,253 billion, a 15.6% increase compared to the previous year. Total operating income reached VND11,535 billion, a strong growth of 27.4%; of which, net interest income contributed the most with VND8,617 billion (an 8.6% increase).
The cost-to-income ratio (CIR) decreased sharply from 44% in 2024 to only about 33% in 2025. This is a cost optimization level among the leading banks in the system, significantly enhancing the pre-provision profit margin and creating abundant financial resources for subsequent strategic goals.
The bank's non-performing loan (NPL) ratio was tightly controlled and slightly reduced to about 2.2% (compared to 2.3% in 2024), and the ratio of non-performing loans (NPL) decreased to 1.3%. The bank also consistently maintains strict provisioning measures to proactively prevent potential market risks.
Regarding capital and liquidity, Nam A Bank has recorded stable growth and diversification of mobilization channels, especially customer deposits. By the end of 2025, the bank will maintain a high positive net liquidity surplus, reaching approximately VND25.8 trillion, ensuring full and timely repayment to customers under any pressure from the interbank market.
The capital adequacy ratio (CAR) reached 11.2% (compared to the State Bank of Vietnam's minimum requirement of 8%), and Nam A Bank continues to strictly comply with the State Bank of Vietnam's safety regulations. The bank's equity capital at the end of 2025 is expected to grow impressively by +21.8%, reaching VND35,848 billion, maintaining a stable capital buffer.
N.Nga
Source: VITIC/Dau tu Chung khoan