Vietnam Technological and Commercial Joint Stock Bank (Techcombank) reported a profit before tax (PBT) of VND 15.1 trillion ($577 million) for the first half of 2025, with a record-high quarterly PBT of VND 7.9 trillion ($302 million) in the second quarter, up 9.2% quarter-on-quarter (QoQ). Total operating income (TOI) reached VND 24.4 trillion ($933 million), down 5.2% YoY due to non-repeat of market gains in the first half of 2024, but rose 9.7% quarter-on-quarter. Techcombank fortified its top position in transaction banking with a market share of 17.5% for outbound transactions and 16.1% for inbound transactions in the first half of 2025 It also posted the highest current account and savings acount (CASA) ratio in the industry at 41.1%. CASA balance continued to reach a new high of VND 242 trillion ($9.2 billion) The bank maintained an industry-leading capital adequacy and profitability with 15.0% CAR (Basel II) and 2.2% ROA (LTM), alongside prudent risk management (106.4% coverage ratio) Techcombank CEO Jens Lottner said, "In 2Q25 Techcombank delivered its highest ever profit before tax (PBT) of VND 7.9 trillion ($302 million). Customer credit demand rebounded strongly, resulting in double-digit YTD credit growth and reflecting Vietnam’s robust economic momentum. We became the first bank in Vietnam to open fully paperless branches, furthering our commitment to sustainability." On 9 July, Techcombank proudly hosted the Techcombank Investment Summit 2025. This flagship national event brought together over 700 policymakers, business leaders and global investors to shape Vietnam’s new era of growth. The Summit highlighted Techcombank’s leading role in Vietnam's financial industry - pioneering digital transformation, expanding its capital markets, and serving as a key enabler of the nation's sustainable development. Redisseminated by The Asian Banker
