Mr. Nguyen Van Huong (Source: OCB)
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Mr. Nguyen Van Huong has been serving as Deputy CEO in charge of OCB’s Retail Division since December 28, 2022. He holds a Master’s degree in Business Administration and has over 21 years of experience in the financial and banking industry.
Following the approval of Mr. Nguyen Van Huong‘s resignation, OCB’s management team will consist of nine members, including Mr. Pham Hong Hai as CEO.
Recently, OCB announced its financial results for the first half of 2024, reporting a profit of VND 2,113 billion. As of June 30, 2024, the bank’s total assets remained stable at VND 238,884 billion compared to the beginning of the year. OCB also maintained compliance with regulations on capital adequacy ratios and liquidity, with a non-performing loan ratio of 2.3%, well below the 3% limit set by the State Bank of Vietnam.
The year 2024 is considered a pivotal year in OCB’s 2021-2025 development strategy. In the remaining months of the year, the bank will focus on expanding its retail business, targeting the middle and high-end segments with tailored products to meet specific needs. OCB will also maximize its resources, streamline processes, prioritize business support, and accelerate transaction processing. Additionally, the bank will implement new and effective policies to enhance credit quality, accelerate non-performing loan resolution, and advance its digital transformation journey.
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In 2023, Novaland achieved a profit of over 800 billion VND, in contrast to the first half of the year when the company incurred a loss of over 1,000 billion VND.
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