VietinBank Overtakes Vietcombank in Q2 2025 Profit Race
In the second quarter of 2025, VietinBank surpassed Vietcombank to become the bank with the highest pre-tax profit, achieving an impressive 79% growth rate. Following closely in second and third place were Vietcombank and BIDV, respectively. The top three were joined by Techcombank, MB, and VPBank, all demonstrating strong financial performance.
The top ten most profitable banks in Q2 2025 also included notable names such as ACB, HDBank, SHB, and Sacombank, showcasing the diverse range of financial institutions contributing to the country’s economic growth.
NCB stood out with an astonishing 535% profit growth compared to the same period in 2024, while other banks like ABBank, PGBank, VietinBank, and Kienglongbank also posted impressive profit increases, reflecting the overall positive trajectory of the banking sector.
Eight Powerhouse Banks Cross the VND 10 Trillion Profit Mark in the First Half of 2025
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Vietcombank Reports 9% Rise in Q2 Pre-Tax Profit, Attributed to Reduced Provisions
The recently released consolidated financial statements for the second quarter of 2025 reveal impressive results for the Joint Stock Commercial Bank for Foreign Trade of Vietnam, commonly known as Vietcombank (HOSE: VCB). The bank reported a remarkable pre-tax profit of over VND 11,034 billion, reflecting a 9% increase compared to the same period last year. This outstanding performance is attributed to a significant reduction in risk provisions.
Captivated by the Bank’s Notification on ‘Expiring Reward Points’
Cybercriminals are employing a new tactic to deceive unsuspecting individuals. They are sending SMS messages, pretending to be from a bank, informing recipients about reward points expiration and providing instructions on how to redeem gifts. However, the link included in the message redirects victims to a fake website mimicking the bank’s official site.
“VietinBank’s Impressive Performance: A 80% Surge in Pre-Tax Profit for Q2”
“VietinBank’s recently released consolidated financial statements for Q2 2025 reveal impressive results. The bank, listed as CTG on the Ho Chi Minh Stock Exchange (HOSE), reported a remarkable 79% year-over-year increase in pre-tax profits, totaling over VND 12,097 billion. This outstanding performance is largely attributed to a significant reduction in risk provisions.”
Why Did F88 Pawnshop’s IPO Price Soar Above the Market?
F88 is a prominent name in the financial market, but the question on everyone’s mind is whether the IPO price of F88’s stock is reasonable or not.
The Powerhouse Performer: VietinBank’s Stellar Growth with a Near 2.4 Million Billion Dong Total Asset Portfolio, Witnessing a 61% Surge in Pre-Tax Profit for Q4/2024
For the fourth quarter of 2024, the Joint Stock Commercial Bank for Industry and Trade of Vietnam (VietinBank) reported a remarkable performance with a pre-tax profit of over VND 12,245 billion, surging by 61% year-on-year. This impressive growth is attributed to a significant reduction in credit risk provisions.
