According to information announced by Phuong Dong Commercial Joint Stock Bank (OCB), Mr. Pham Hong Hai - General Director of the bank has resigned after 2 years of accompanying OCB.
This is also the stage when this bank implements positioning, overall business strategy restructuring and organizational structure, re-determines the target customer segment, continues to promote digital banking and increase user experience.
Sharing about this decision, Mr. Pham Hong Hai said that throughout the time of accompanying, OCB is one of the domestic joint-stock commercial banks that has succeeded in building safe value, operating effectively and above all transparency.
When deciding to leave the management position, I believe that each stage of business development needs different approaches and priorities. OCB is entering a new stage with more big goals, requiring more appropriate management orientations and models in the new context. I believe that this change is the right time - when the organization is ready for the transition and I myself am also ready for new challenges," said Mr. Pham Hong Hai.
Leaving the position of General Director at OCB, Mr. Pham Hong Hai affirmed that he will continue to stick with the financial - banking sector.
Recently, OCB just announced its consolidated financial statements for the first quarter of 2026 with positive changes. Accordingly, in the first quarter of 2026, OCB's total assets reached 344,980 billion VND, an increase of 6.5% compared to the beginning of the year and an increase of 19% compared to the same period last year. Market 1 mobilization reached 232,284 billion VND, an increase of 5.1% compared to the beginning of the year. Credit balance reached 210,428 billion VND, an increase of 2.6% compared to the beginning of the year and an increase of 14.1% compared to the same period last year. Green credit alone increased by 15% compared to the same period.
As of March 31, 2026, OCB's total net revenue reached VND 2,722 billion, an increase of 19.8% compared to the same period last year. At the end of the first quarter of 2026, OCB's pre-tax profit reached VND 1,224 billion, an increase of 37% compared to the same period.
In 2026, OCB set an ambitious target, pre-tax profit reaching 6,960 billion VND, an increase of 39% compared to 2025; total assets increased by 10% compared to the amount implemented at the end of 2025, estimated at 354.214 billion VND; total mobilized and total outstanding debt of market 1 increased by 14% and 15% respectively.
