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Nam A Bank has announced the simultaneous appointment of three new Deputy General Directors. The appointments are effective from December 5, 2024, and the tenure is for a maximum of three years.

The three new leaders appointed by Nam A Bank are: Mr. Huynh Thanh Phong, Director of the Risk Management Division; Mr. Nguyen Minh Tuan, Director of the Central and Central Highlands Region; and Ms. Lam Kim Khoi, Director of the Western Region.

With the addition of these three new executives, Nam A Bank’s Management Board now comprises a total of ten members. Mr. Tran Khai Hoan serves as the Acting General Director, and the nine Deputy General Directors are Mr. Hoang Viet Cuong, Mr. Ha Huy Cuong, Mr. Le Anh Tu, Mr. Nguyen Vinh Tuyen, Mr. Vo Hoang Hai, Mr. Huynh Thanh Phong, Mr. Nguyen Minh Tuan, Ms. Ho Nguyen Thuy Vy, and Ms. Lam Kim Khoi.

In terms of cumulative business results for the first nine months, the bank reported a profit of VND 3,323 billion, a 62% increase compared to the same period last year, and achieved 83% of the annual plan.

As of September 30, 2024, Nam A Bank’s total assets reached nearly VND 240,000 billion (a nearly 16% increase, completing 103% of the annual plan), and capital mobilization reached nearly VND 173,000 billion (a over 5% increase, 97% of the annual plan).

Loan balance reached nearly VND 164,000 billion (a nearly 24% increase, achieving 102% of the annual plan).

As of September 30, 2024, the bank’s ROE stood at 22.09%, ROA was 1.63%, and the NPL ratio remained at around 2.85%.

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