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By the end of Q1 2026, BAOVIET Bank reported solid results with growth across several business lines. Income from lending, services, and securities supported the bank’s growth trajectory amid a challenging economy.
In Q1 2026, BAOVIET Bank maintained stable lending activity. Total lending increased 11.34% year on year, while customer loan balances rose 20.57%.
The bank said it continued to apply tight risk controls, focusing on individual customers and small and micro enterprises, while being prudent in collateral valuation.
During the quarter, BAOVIET Bank proactively narrowed its financial investment portfolio by reducing the size of bond holdings compared with the previous year. The bank said this forms part of a restructuring plan to reduce indirect investments and concentrate resources on lending and core banking services.
On funding, total deposits rose 23.18% year on year, supporting liquidity for operations and compliance with capital adequacy standards.
BAOVIET Bank reported positive business results as most segments grew versus the same period. Net interest income increased 8.11%, net fee income rose 7.1%, and net income from securities trading grew by more than 262%. Foreign exchange and investment securities trading also recorded strong growth.
As a result, total operating income in Q1 reached over VND 411 billion, up about 27% year on year. Operating costs increased modestly by about 4%, contributing to a 166% year-on-year increase in pre-tax profit.
BAOVIET Bank said it continued to accelerate digital transformation and operational efficiency while rolling out credit promotion programs to support households and businesses.
To enhance digital banking, BAOVIET Bank launched the EZ-Saving online loan feature on the BAOVIET Smart app. The feature allows customers to use existing savings deposits as collateral to borrow online, supporting short-term financing needs without affecting their savings plans.
With these positive indicators at the start of the year, BAOVIET Bank said it is reaffirming a flexible business strategy amid market fluctuations. In a recovering economy, the bank aims for sustainable growth to accompany customers and the business community in overcoming difficulties and growing stronger.
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