Vietnam Joint Stock Commercial Bank (BVBank) reported positive financial results for the second quarter and the first half of 2025. Credit growth reached nearly 14%, while total assets grew nearly 12% to VND 115.5 trillion, achieving 95% of the annual plan. Total credit disbursement reached VND 93.4 trillion, and funding grew strongly to nearly VND 106.4 trillion, with 80% from personal and organizational clients. Total income reached over VND 1.2 trillion; however, pre-tax profit was VND 93 billion, lower than last year, due to reduced lending rates and increased operating costs. BVBank is shifting towards digitalization, with 93% of new customers opening accounts through digital channels. The Digimi platform boosted transaction volume, increasing by 51% compared to 2024. BVBank also developed DigiStore for business households and integrated eKYC into account opening processes to enhance user experience. To expand its market, the bank implemented various promotions and expanded its cashless payment network.
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