NCB Bank Surpasses 2025 Business Targets Ahead of Schedule

The Q3 and 9-month business results for 2025 reveal an impressive growth trajectory for NCB, with all key metrics surpassing the annual targets set during the shareholders’ meeting in late March. This can be seen as the “fruit of labor” from nearly five years of NCB’s steadfast and aggressive implementation of comprehensive restructuring measures and the execution of a new strategy, supported by a leading global strategic consulting firm.

Business Surges Ahead, Surpassing Annual Targets in Just 9 Months

According to NCB, the bank continued its robust performance in Q3/2025, with net interest income estimated at over 685 billion VND, a 150% increase; service income reached more than 62 billion VND, soaring by 370% compared to the same period in 2024. By the end of Q3, NCB’s post-tax profit was nearly 190 billion VND.

In the first 9 months of 2025, NCB’s post-tax profit exceeded 652 billion VND, marking a significant turnaround from the negative results of the same period in 2024. Core business activities remained the primary revenue source, with total net interest income reaching over 1,947.7 billion VND, a 153% growth, and service income surpassing 160.4 billion VND, a 155% increase compared to 2024.

Compared to the 2025 annual plan, NCB officially reached and surpassed its business goals after just 9 months. As of September 30, 2025, total assets were estimated at over 154,100 billion VND, a 30% increase from the end of 2024 and 14% above the target. Capital mobilization (excluding securities issuance) reached nearly 119,326 billion VND, and customer loans exceeded 94,956 billion VND, growing by 24% and 33% respectively compared to 2024, and surpassing the 2025 plan by 1% and 3%.

These results not only reflect the strong momentum of a bank restructuring effectively but also validate the correctness of the strategy and well-structured solutions NCB has chosen.

With the involvement of a new management and executive team since 2021, NCB has comprehensively rebuilt and strengthened its internal capabilities, addressing fundamental issues and enhancing operational efficiency. As a result, in 2025, the bank achieved outstanding business results, with non-performing loan ratios well-controlled according to the restructuring plan (PACCL).

Ambitious Goals, Accelerating in the New Phase

The consistent momentum over the years has propelled NCB into a new growth orbit, bringing it closer to its vision of “redefining the banking experience through innovation, becoming the center of financial service innovation, pioneering the development of products and services on the most advanced technological platforms, and striving to be a socially responsible bank contributing to the sustainable development of the communities it serves.”

Building on this growth, NCB is accelerating its restructuring efforts. The bank is finalizing the last steps to increase its charter capital by 7,500 billion VND to 19,280 billion VND in 2025, ahead of the PACCL schedule. This marks the third consecutive capital increase in four years (2022–2025), demonstrating NCB’s commitment to strengthening its financial foundation, expanding business, and ensuring sustainable development.

Simultaneously, NCB is expediting the resolution of non-performing assets and restructuring its investment portfolio to increase profit-generating assets and optimize capital utilization. The bank continues to focus on enhancing credit quality, implementing effective debt resolution measures alongside improving new credit quality by targeting customers with transparent financial capabilities and efficient operations. By leveraging digital credit processes, NCB ensures safe and sustainable credit growth. With these effective measures, NCB maintains excellent debt quality, with new loan non-performing ratios below 1%, significantly improved credit quality, and a substantially expanded profit-generating asset portfolio.

Surpassing the 2025 business targets ahead of schedule is not only a significant milestone in NCB’s comprehensive restructuring journey but also marks the beginning of a new acceleration phase. In this phase, NCB is poised for breakthrough development on its unique path, aiming to become one of the most reputable banks, offering pioneering financial services and solutions, and creating innovative, breakthrough differences in the nation’s era of advancement, as shared by the bank’s leadership.