OCB’s net interest income for Q2 2025 increased by 10% year-on-year to over VND 2,179 billion, driven by growth in credit scale.
Non-interest income grew significantly by 62% year-on-year. Notably, service activities surged by 98%, generating nearly VND 297 billion in profit, attributed to the growth in consulting and other services.
After facing adverse impacts from market fluctuations, foreign currency trading profit rebounded in Q2 compared to the previous quarter, reaching VND 104 billion, recovering to the level of the same period last year.
Operating expenses rose by 6% to VND 1,008 billion. As a result, profit from business activities climbed by 24% to VND 1,632 billion.
During the quarter, OCB set aside VND 634 billion for credit risk provisions, a 51% increase. Consequently, pre-tax profit surpassed VND 999 billion, marking an 11% year-on-year growth.
For the first six months of the year, OCB’s pre-tax profit exceeded VND 1,892 billion, a 10% decrease compared to the same period last year. Against the full-year pre-tax profit target of VND 5,338 billion, OCB has accomplished 35% in the first half.
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OCB’s Q2 and six-month business results for 2025 in VND billion
Source: VietstockFinance
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As of the end of Q2, the bank’s total assets expanded by 12% from the beginning of the year to VND 308,899 billion. Market 1 lending reached VND 190,789 billion, up by 8%. Customer lending amounted to VND 186,333 billion, a 9% increase. Green credit continued its upward trajectory, rising over 10% in the first half.
Market 1 deposits climbed by 8% year-to-date to VND 153,940 billion. In the individual customer segment, the ratio of transactions through digital channels reached a high level. The number of transactions on OCB OMNI digital banking increased by 97%; CASA rose by 28%, and online savings turnover grew by 30% compared to the same period in 2024.
For corporate customers, as of now, the number of transactions connected via Open API with OCB surged by 58% year-on-year; transaction value increased by 185%, and average CASA rose by 31.8%.
According to Mr. Pham Hong Hai, CEO of OCB: “Retail remains our core strategy, but we also focus on small and medium-sized enterprises (SMEs), especially the Startup group, as we believe this is a highly potential segment in the market. For Startup enterprises, the bank will have to offer very specific credit policies. The bank cannot stand outside the startup ecosystem. If startups are the new lifeblood of the economy, then banks must be the lifeblood that channels smart capital.”
Han Dong
– 17:05 30/07/2025
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