This is a positive signal that NCB is on the right track and achieving initial results, closely following the Bank's strategic goals.
NCB has just released its financial report for the second quarter of 2025 with a series of positive indicators. This result is achieved by promoting business activities under the new Digital Wealth Strategy, implementing a series of improvements in products, services and processes, and at the same time implementing bank restructuring in accordance with the roadmap in the Prime Minister's 689/QD-TTg restructuring plan (PACCL) with a vision to 2030 approved under the "Project to restructure the system of credit institutions associated with bad debt handling for the period 2021-2025" according to Decision 689/QD-TTg of the Prime Minister and instructions of the State Bank.
Outstanding business growth
According to the financial report just released by NCB, the bank continues to record positive after-tax profit in the second quarter of 2025, reaching more than 311 billion VND. Accumulated in the first 6 months of 2025, NCB's after-tax profit reached more than VND 462 billion, a sharp increase compared to VND 6 billion in the same period in 2024. Total assets as of June 30, 2025 reached nearly VND 144,054 billion, up 21.6% compared to the end of 2024 and exceeding 6.3% compared to the plan for the whole year of 2025 of VND 135,500 billion.
Taking customer experience as the center, NCB constantly innovates technology, products, and services, and is increasingly loved and trusted by customers in the market. Thanks to that, all business activities have impressive growth: customer lending reached nearly VND 86,835 billion, up 22% compared to December 31, 2024.
NCB's total capital mobilization (including customer deposits and issuance of valuable documents) reached more than VND 120,148 billion, up 19.6% compared to the end of 2024, corresponding to an increase of more than VND 19,726 billion in the context of the general mobilization interest rate in the market being low. Compared to the 2025 plan approved at the annual General Meeting of Shareholders at the end of March, customer loans for the first 6 months of the year are about to reach the set target, reaching 94% and total capital mobilization exceeding nearly 1.4%.
Thanks to the drastic resolution of the backlog, comprehensive overcoming of existing problems, and improving the bank's operational efficiency through the approved systematic, correct and roadmap-on-line solutions of PACCL, the bad debt ratio to total outstanding loans to customers has decreased sharply compared to the end of 2024.
The bank also promotes new lending to customers with high credit scores and transparent loan applications, while applying digitalization in credit work to bring customers a fast, simple, and superior experience.
With strong growth in core business activities, NCB's total net interest income in the first 6 months of the year reached VND 1,262.5 billion, up 155% over the same period in 2024 and this is also the bank's main source of revenue in the past 6 months, showing that NCB is on the right track, on the right roadmap in business activities, and is also the foundation for the bank to develop safely, stably and sustainably.
Other business activities such as service activities, foreign exchange trading activities, investment stock trading activities... all have profits in the second quarter and the first 6 months of 2025. Positive results achieved in the context of strong fluctuations in the economy and internal challenges when banks have to deploy dual tasks to implement new strategies in parallel with restructuring.
Improving financial capacity, planning brand repositioning
In 2025, NCB aims to continue increasing capital to VND19,280 billion. Currently, NCB's capital increase plan has been approved by the State Bank. NCB has also found 17 professional investors to register to participate in this individual stock offering, including a number of investors who are existing shareholders of NCB - showing investors' confidence in the bank's long-term development orientation.
If NCB successfully sells 750 million individual shares this time, it will be the third capital increase in 4 consecutive years (2022 - 2025) by NCB. Accordingly, NCB's charter capital increased earlier than the roadmap set out in the approved PACCL, helping NCB consolidate financial resources, increase stable long-term capital to expand business operations.
Along with constantly improving financial capacity, meeting the set strategic goals, NCB continues to invest heavily in technology infrastructure, promoting digital transformation according to a new strategy, to pioneer the development of products and services on a state-of-the-art technology platform with innovative and creative thinking, promising to bring breakthroughs in financial solutions to customers.
The bank also plans to implement a brand repositioning project, bringing a completely new NCB image from experience to recognition, meeting requirements and bringing more and more value to customers that NCB serves.
Outstanding business results in the first 6 months of 2025 show the great efforts and consensus of the entire NCB system, gradually overcoming difficulties and challenges to be confident in standing firm on their feet and taking solid and optimistic steps after only 3 years of comprehensive transformation.
This is also a clear demonstration that NCB has chosen the right direction and resolutely implemented solutions resolutely and effectively, gradually building the image of a reputable, healthy bank, trusted by investors and customers.
