//= get_template_directory_uri() ?>
1H Results
Techcombank followed their business plan by fulfilling 52% 2022 profit target. Credit increased by 7.1%ytd (8.5%ytd in bank separate). 6M PBT was recorded at VND 14.1trn, +22.3%yoy. TOI reached VND 21.1trn, + 16.6%yoy.
The bank remains as one of the most effective banks in the system with ROA and ROE of 3.6% and 21.0%% respectively.
Improving asset quality. NPL ratio was reduced to only 0.4% while its exposure in restructured loan was down to VND 500 bn from VND1.6trn last quarter. Provision expenses decreased by over 50%yoy.
COMMENTS
TCB’s core lending business was affected by interest rate hike and the gloomy bond issuance market. Credit growth limit also posed a negative impact on bank’s profit growth. With those movements, NIM of the bank may slightly decline to 5.4% for the full year. Despite that, positive activities in credit card, banca and the expected IB recovery in alien with lower provision expenses burden will support the bank to fulfill its business target in 2022.
13/08/2025
Vietnam’s automobile market maintains its growth momentum thanks to: The rising proportion of the middle class in Vietnam and the increasing trend of...
08/08/2025
KEY HIGHLIGHTS Saigon VRG Investment Corporation (SIP) announced its Q2/2025 business results, with revenue reaching nearly VND 2,130 billion (+10% YoY...
08/08/2025
VPB 1H 2025 BUSINESS RESULTS UPDATE UPDATE ON BUSINESS OPERATIONS In Q2 2025, VPBank delivered robust results, with 1H pre‐tax profit of VND 11,229 billion—a...