In the first 9 months: KienlongBank’s profit more than doubled compared to the same period, setting a new profit record

According to the financial report, KienlongBank’s pre-tax profit for the first 9 months reached 1.537 trillion VND, double that of the same period, completing 112% of the annual plan. This is the highest profit level in the bank’s 30-year history. The bank’s total assets reached 97.716 trillion VND, with mobilized capital of 87.491 trillion VND and credit balance of 70.922 trillion VND, significantly increasing compared to the beginning of the year. KienlongBank has restructured its revenue sustainably, with service income reaching 515 billion VND, up 29%. The bad debt ratio is controlled below 2%, with the coverage ratio exceeding 80%. The bank also enhances the application of information technology and artificial intelligence in operations to improve labor productivity and create a smart operating model. This year, KienlongBank increased its charter capital to 5.822 trillion VND and plans to list KLB shares on HoSE in the fourth quarter of 2025.