EVNFinance reported a pre-tax profit of 598 billion VND in the first half of 2025, with a non-performing loan ratio of 0.7%. The General Shareholders’ Meeting approved the rebranding to the new name “Power Comprehensive Financial Joint Stock Company” (EVF) to align with the new Credit Institutions Law, affirming its focus on comprehensive finance. The company is conducting approval procedures with the State Bank for the new name and plans to unveil its EVF branding in Q3 2025. This marks the first logo change in 17 years, demonstrating a commitment to enhance its position and expand international cooperation. Management emphasized that the brand repositioning reflects maturity and a commitment to building a competitive professional financial organization. Since the Vietnam Electric Corporation’s divestment in 2020, EVNFinance has operated independently, maintaining a stable B2 credit rating for 5 consecutive years, showcasing its solid financial foundation.
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