VPBank Sets New Record in Private Banking Group: Total Assets Exceed 1.1 Trillion VND, CASA Grows 40% in the First Half of the Year

Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) reported total assets exceeding 1.1 trillion VND in the first half of 2025, becoming the largest private bank in Vietnam. Outstanding credit reached over 842 trillion VND, an increase of 18.6% year-on-year. Demand deposits (CASA) also increased by nearly 40%, nearing 100 trillion VND. VPBank successfully raised a syndicated loan of 1.56 billion USD and maintained a bad debt ratio at 2.31%. Profit before tax for the first six months reached 11.229 trillion VND, up 30% compared to the same period last year. The bank continues to focus on enhancing shareholder value, like distributing nearly 4 trillion VND in dividends. Segments like consumer finance and securities also showed substantial profit growth. Notably, the cultural event VPBank K-star Spark in Vietnam attracted 40,000 attendees, contributing to new account openings and boosting business activities.