AsemconnectVietnam - According to the audited financial report for the first six months of 2026, Nam A Commercial Bank (Nam A Bank - HOSE: NAB) recorded pre-tax profit of VND3,159 billion, a 25% increase compared to the same period last year.

Total assets reached VND452 trillion, an 8% increase compared to the end of 2025, while the capital adequacy ratio (CAR) approached 11% - far exceeding the minimum required level. This result shows that Nam A Bank continues to maintain growth, while prioritizing strengthening financial capacity, asset quality, and capital buffers for the next development phase.
Growth goes hand in hand with strengthening asset quality and capital buffers
In the first six months of the year, Nam A Bank continued to control credit quality amidst the recovery of capital demand in the economy. The ratio of non-performing loans (NPLs) in Group 2 decreased to 0.54% from 1.31% at the end of 2025; simultaneously, the NPL ratio sharply decreased to 1.47% from 2.16% at the end of the previous year.
The NPL coverage ratio increased from approximately 54% to nearly 70%, thereby strengthening reserve resources and the ability to proactively respond to fluctuations in the business environment, gradually aiming to be among the top banks with the best NPL coverage ratio in the market.
The enhancement of reserve capacity is implemented in parallel with the capital strengthening strategy. Nam A Bank identifies its capital base as a crucial buffer for the bank to absorb shocks from the economy, financial markets, and asset quality, while also creating room for expansion when market conditions are favorable.
Accordingly, Nam A Bank has completed the payment of stock dividends at a rate of 20%, and issued 100 million shares under the Employee Stock Ownership Program (ESOP) to increase its charter capital to over VND21,588 billion.
The bank also completed the issuance of VND2,000 billion in Tier 2 bonds to the public, contributing to supplementing medium and long-term capital sources, while strengthening Tier 2 capital and maintaining a high and safe CAR ratio. This is in the context of Nam A Bank being one of the few pioneering banks to fully comply with Circular 14/2025/TT-NHNN (TT14) as stipulated by the State Bank of Vietnam (SBV) on capital adequacy ratios.
Capital mobilization increases sharply, expanding the foundation for credit growth
By June 30, 2026, capital mobilization from economic organizations, individuals, and the issuance of securities will reach VND245 trillion, an increase of 16% compared to the end of 2025. Outstanding loans will reach nearly VND220 trillion, an increase of over 10%. Of this, outstanding real estate loans will experience negative growth of 1.5%, bringing the ratio of real estate loans to total outstanding loans from 16.8% as of December 31, 2025, to 15.3%, in line with the State Bank of Vietnam's general direction on controlling real estate lending, while focusing on channeling capital into priority production sectors, contributing to economic growth.
The bank's stable capital mobilization, coupled with a substantial government bond portfolio of nearly VND32,000 billion, makes it one of the banks maintaining the largest government bond portfolios currently, with a ratio of government bond portfolio to total assets reaching 7.1%. Consequently, its liquidity reserve ratio is nearly 20%, almost double the minimum level (10%). This helps the bank strengthen its capital base, liquidity, and ability to meet customer capital needs in the final months of the year.
This is also a noteworthy point in the bank's performance, as Nam A Bank continues to expand its business scale while maintaining a balance between credit growth, capital sources, and system safety.
Besides domestic capital sources, Nam A Bank has established relationships with a number of international financial institutions to expand international fundraising channels, helping the bank diversify its medium and long-term capital sources, improve its access to international capital, and optimize the cost of capital in the long term.
Nam A Bank continuously promotes strategic cooperation with leading global financial institutions and development organizations such as J.P. Morgan, IFC, ADB, FMO, SIFEM, Proparco, Symbiotics, BlueOrchard, responsAbility, etc. Since the beginning of the year, the total amount of capital successfully attracted by the bank has reached nearly US$350 million in international capital for green finance, aligned with the goal of inclusive finance, supporting women-owned businesses, and closely following the Government's economic transformation orientation.
Expectations for achieving 2026 targets and expanding growth potential
Building on the results of the first six months of the year, Nam A Bank continues to aim for exceeding its pre-tax profit target of VND6,200 billion in 2026, while striving to increase total assets to over VND480,000 billion, mobilize capital to VND280,000 billion, and outstanding loans to VND240,000 billion, continuing to improve asset quality, expand medium and long-term capital sources, and enhance operational efficiency.
Strengthening capital capacity continues to be one of Nam A Bank's strategic priorities. The bank is in the process of completing a private placement of 100 million shares to domestic and international professional investors, as approved by the Annual General Meeting of Shareholders, aiming to enhance its financial capacity and expand its growth potential in the coming years.
At the same time, Nam A Bank is actively implementing capital adequacy requirements under Circular 14/2025/TT-NHNN, striving towards increasingly higher capital management standards. Proactively increasing capital and improving safety indicators not only meets management requirements but also helps the bank create a better financial buffer, enhance risk absorption capacity, and proactively respond to fluctuations in the economic cycle.
This is considered a crucial foundation for Nam A Bank to balance two objectives: scale growth and maintaining resilience in a volatile business environment.
Source: VITIC/Bao Tai chinh – Dau tu