As of March 31, 2025, ABBANK’s total assets reached VND 183.659 trillion, up 4% from the beginning of the year. Customer deposits and bond issuance totaled VND 112.067 trillion, while credit growth reached VND 100.352 trillion. ABBANK set aside VND 340 billion for credit risk provisions, maintaining a non-performing loan ratio of 2.44%. Pre-tax profit for Q1/2025 increased by 128% compared to Q1/2024, reaching VND 407 billion. The capital adequacy ratio (CAR) stood at 10.46%, exceeding the State Bank’s requirement. The digital banking segment reported positive results with over 56% of transactions from digital channels. ABBANK introduced features like online international money transfers and voice balance notifications, particularly attracting small businesses. CEO Phạm Duy Hiếu emphasized stable growth and plans to continue digital transformation to better serve customers. The bank also launched preferential loan packages for young people to support home ownership.
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