Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has announced its business plan for 2025, aiming for a pre-tax profit of about 32.5 trillion VND and an overall asset growth of 8% to 10%. VietinBank intends to expand its credit loan limits as approved by the State Bank and ensure a bad debt ratio below 1.8%. In Q2/2025, the bank recorded a consolidated pre-tax profit of 12.097 trillion VND, nearly 80% higher than the same period last year, with a six-month cumulative profit of 18.9 trillion VND, a 46% year-on-year increase. VietinBank ranks second in the banking sector, after Vietcombank. Vietcombank Securities (VCBS) predicts VietinBank’s credit growth will align with the industry average (16.9%) this year, and annual pre-tax profit could reach around 36.966 trillion VND, a 26% increase compared to 2024.
Leave a Reply