Techcombank (ticker TCB) has announced its business plan for 2025 during the annual general meeting, targeting a pre-tax profit of 31,500 billion VND, a 14.4% increase from 2024. The current credit limit is 745,738 billion VND, a 16.4% increase, and the bad debt ratio is maintained below 1.5%. The bank emphasizes that the Vietnamese banking sector is at a turning point, with Techcombank aiming to be part of the blockchain and digital currency implementation, supporting double-digit economic growth from 2026. Techcombank also commits to maintaining asset quality and reducing credit costs. Notably, the bank aims to become the first to fully apply AI, enhancing non-traditional banking services and product range, while planning to issue over 21.38 million ESOP shares by the end of 2025.
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