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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Data from last week indicate a shift in capital flows toward a short-term “risk-on” stance, with equity exchange-traded funds (ETFs) drawing strong net inflows globally while money moved away from defensive positioning into risk assets. U.S. equities extend gains amid ceasefire The U.S. stock market continued its upward momentum into…
On the afternoon of April 16, 2026, Bản Việt Joint Stock Commercial Bank (BVBank – ticker: BVB) held its 2026 Annual General Meeting of Shareholders (AGM).
At the AGM, BVBank’s Board of Directors and management reviewed 2025 results, citing a positive macroeconomic recovery alongside steady and quality growth.
As of December 31, 2025, BVBank reported total assets of over VND 133,000 billion, up 29% year-on-year. Outstanding loans reached over VND 78,200 billion, up 15%. Total mobilization (deposits) rose to nearly VND 123,300 billion, up 29% compared with end-2024. Deposits from individuals and organizations remained the core funding base, at over VND 98,000 billion, up 31%.
Pre-tax profit reached VND 522 billion, up 34% versus 2024. Net interest income was the main driver, at over VND 2,900 billion, up 17% year-on-year. Net interest income accounted for about 92% of total income, reflecting the stability of the bank’s traditional business model.
On asset quality, the bad debt ratio to total debt under Circular 31/2024/TT-NHNN fell to 2.13%. Approximately 95% of BVBank’s loan portfolio is retail, serving individuals and small/medium-sized enterprises.
BVBank also continued expanding its customer base through digital transformation, with a focus on personal and SME clients. By end-2025, the bank served over 2.9 million customers, up 28% from end-2024. Personal customers accounted for more than 95% of the total, with growth of 28%.
BVBank said its digital ecosystem has become a primary growth engine. In 2025, 89% of new customers came from digital channels, up more than 30% versus 2024.
BVBank expects 2026 to open a new growth phase, with customer experience at the core and a digital foundation supporting expanded customer reach. According to Executive Director and CEO Ly Hoai Van, competition and other challenges require the bank to invest selectively, focusing on strengths while optimizing capital, resources, asset quality, and risk management.
The AGM approved BVBank’s 2026 targets, including:
In 2026, BVBank plans to continue building its digital ecosystem by expanding user benefits and strengthening integration and synchronization between traditional and digital channels to deliver a seamless service journey. The bank will also promote digital/payment management solutions to support sales networks, business households, and retail customers, aiming for transparent and professional banking operations. The projected new customer base for 2026 is expected to grow by 30%.
A key AGM item was seeking shareholder approval to move BVB from UPCoM to HOSE. The proposal had been approved at the 2025 AGM, but related procedures were not completed due to market conditions and other objective factors. For 2026, management expects more favorable market conditions and said the business plan will be further enhanced. To enable continued profitability and maintain HOSE listing readiness, BVBank’s Board proposed canceling UPCoM trading and registering the entire number of issued shares for HOSE listing, with a projected listing in Q3 2026.
The Board also proposed continuing the capital-raising plan not completed in 2025. BVBank will issue 320.4 million shares to existing shareholders at a 2-for-1 ratio to raise VND 3,204 billion for additional lending capacity. The issue price will not be lower than VND 10,000 per share, and shares issued to existing shareholders will be freely transferable.
In addition, BVBank plans to raise another VND 300 billion by issuing 30 million ESOP shares. If both issuances are completed, charter capital is expected to increase from VND 6,408 billion to VND 9,912 billion, equivalent to a 55% increase.
For 2025, retained earnings after reserves remained nearly VND 337 billion. BVBank stated it has no dividend plan.
At the end of the AGM, shareholders approved all proposals with high consensus.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
