VIB: 2025 profit exceeds VND9.1 trillion, completing a 9-year foundation-building journey, entering a new growth phase

Vietnam International Bank (VIB) has announced its 2025 business results, highlighting a year marked by solid performance across key metrics. By the end of 2025, VIB’s Total assets surpassed VND 500 trillion for the first time, accompanied by a clear improvement in asset quality and enhanced operational efficiency. Notably, the Bank has completed the implementation of its capital calculation system and Basel III risk management framework under the Standardised Approach in accordance with Circular No. 14/2025/TT-NHNN, reaffirming its pioneering role in adopting international governance and risk management standards within Vietnam’s banking sector.

Beyond delivering positive financial results, 2025 also marks the formal conclusion of VIB’s nearly decade-long foundation-building phase. This milestone represents a critical transition, paving the way for the Bank to enter a new growth phase from 2026 onwards—growth anchored in international standards, robust risk management capabilities, and sustainable scalability.

Balanced scale expansion with prudently managed risk appetite

As of 31 December 2025, VIB’s Total assets reached over VND 556 trillion, up 13% from the beginning of the year. Outstanding credit grew 18% to nearly VND 382 trillion, driven by balanced growth across all three strategic segments: retail customers, corporate customers, and financial institutions. VIB’s lending products continue to offer competitive interest rates alongside simplified, flexible, and efficient processes.

Retail outstanding loans amounted to nearly VND 267 trillion, with the retail ratio remaining among the highest in the industry while becoming more balanced at approximately 70% of total loans. This adjustment supports customer diversification and strengthens growth momentum across other business segments. In retail banking, VIB maintained selective credit expansion, focusing on core products such as home loans, auto loans, and business loans targeted at high-quality customers with strong collateral and complete legal documentation.

In the corporate and financial institutions segment, VIB accelerated lending for working capital, production and business activities, and project financing for leading enterprises with strong financial capacity and reputable market positions.

Customer deposits from individuals and corporates increased by 10% to nearly VND 306 trillion. CASA balances and Super Account balances rose by 27% from the beginning of the year, reflecting the effectiveness of VIB’s strategy to optimise idle cash through an integrated solution combining the Super Account and the Smart Card cashback payment card under the message “Leading the Trend of Returns.” This solution enables customers to maximise the value of both idle and transactional funds, delivering combined benefits of up to 9.3%. In addition, Hi-Depo and iDepo products continued to diversify VIB’s deposit offerings, providing customers with competitive yields.

Improving asset quality, advancing toward basel iii risk management standards

Supported by macroeconomic recovery and disciplined risk management, VIB’s non-performing loan (NPL) ratio declined to 2.16% by the end of 2025 - the lowest level over the 2023–2025 period, down 0.28 percentage points from the beginning of the year. Group 2 loans decreased by 15%, contributing to an overall improvement in asset quality.

As one of the first banks in Vietnam to complete all three pillars of Basel II and to publish IFRS financial statements, VIB continues to be selected by the State Bank of Vietnam to participate in the Basel III implementation steering committee. In December 2025, VIB successfully completed its Basel III capital calculation system and risk management framework under the Standardised Approach in accordance with Circular No. 14/2025/TT-NHNN.
Key safety ratios remained at optimal levels, including a Basel II capital adequacy ratio (CAR) of 11.3% (regulatory minimum: 8%), a loan-to-deposit ratio (LDR) of 78% (regulatory ceiling: 85%), a short-term funding ratio for medium- and long-term lending of 26% (regulatory ceiling: 30%), and a Basel III net stable funding ratio (NSFR) of 104% (Basel III minimum: 100%).

Diversified income streams and rising contribution from non-interest income

In 2025, VIB recorded total operating income exceeding VND 20 trillion, with a more diversified revenue structure. Non-interest income reached over VND 3.9 trillion, up 3% year-on-year and accounting for nearly 20% of total operating income. Net fee income exceeded VND 2.1 trillion, rising 19% compared to the previous year, driven primarily by two key retail services: credit cards and bancassurance. By the end of 2025, VIB officially joined the “one-million-card club,” with more than 1.1 million credit cards in circulation—an increase of 29% from the beginning of the year—while total card spending reached USD 5 billion, up 10% year-on-year.

In Bancassurance, following a period of product and operating model restructuring aimed at better aligning with customer needs, improving sales effectiveness, and enhancing policy persistency, bancassurance income exceeded VND 990 billion, more than doubling compared to the previous year. Income from recovered written-off loans reached over VND 1.84 trillion in 2025, up 48% year-on-year, reflecting continued improvements in recovery processes, strong asset quality, and supportive legal developments, including the formalisation of Resolution 42 into law.

As a result of increasingly diversified income streams, improved asset quality, and effective cost control, VIB’s profit before tax for 2025 exceeded VND 9.1 trillion, representing a 1% increase year-on-year.

Completing the foundation-building phase and moving confidently into a new growth phase

VIB’s development journey can be divided into three phases. Prior to 2017, the bank focused on building and refining its ecosystem of products, services, and core capabilities. From 2017 to 2025, VIB concentrated on establishing a robust foundation in governance, technology, and operating models aligned with international standards. From 2026 onwards—coinciding with its 30th anniversary—VIB enters a new growth phase with a proactive mindset, targeting faster growth supported by technology, innovation, and modernisation.

By the end of 2025, VIB had completed its strategic objectives one year ahead of schedule, sustaining average annual growth of 20–30% across key metrics such as total assets, credit, customer base, and profit, thereby reinforcing its position as a leading retail bank. In 2025, VIB was ranked among the Top 500 banking brands globally by Brand Finance and was recognised as an “Outstanding Enterprise in Asia” by Enterprise Asia. The Bank also received numerous awards for its products and services from reputable international organisations and partners, including IFC, J.P. Morgan, Visa, Euromoney, and Global Business Outlook.

Nine-year transformation results across key metrics

Against the backdrop of the Vietnamese Government’s ambitious targets to achieve double-digit GDP growth, VIB has set equally ambitious growth objectives. Leveraging its expanding asset base, the Bank continues to target average annual growth of 20–30% across key performance indicators. Its development strategy is built on several core pillars: strengthening retail banking, selectively expanding corporate banking, leveraging its transaction banking capabilities, accelerating digital banking and comprehensive digitalisation, and prioritising talent attraction and development. Through personalised products and financial empowerment for customers, VIB is confident in its trajectory toward becoming a leading bank—scaled in size and superior in quality.