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At BVBank’s AGM, the Board of Directors and executives reviewed results for the 2025 financial year. In line with the positive economy recovery, BVBank delivered steady and quality growth. As of December 31, 2025, total assets stood at over VND 133 trillion, up 29% year on year. Outstanding loans reached over VND 78.2 trillion, up 15%. The total mobilization size reached nearly VND 123.3 trillion, up 29% from end-2024, with customer deposits from individuals and organizations continuing to lead (over VND 98.0 trillion, up 31%). Pre-tax profit reached VND 522 billion, up 34% from 2024.
The main driver was net interest income, recording over VND 2,900 billion, up 17% year on year. Net interest income remained the core activity, accounting for about 92%, reflecting the stability and sustainability of the bank’s traditional business model and laying the foundation for sustainable growth in the coming periods.
In terms of asset quality, the NPL ratio to total debt under Circular 31/2024/TT-NHNN fell to 2.13%. Almost 95% of BVBank’s loan portfolio is retail to individuals and small to medium enterprises.
In 2025, BVBank continued to grow its customer base rapidly through digital transformation, focusing on individual and SME customers. By the end of 2025, customer numbers topped 2.9 million, with individuals making up over 95% and up 28% year on year.
A key highlight was BVBank’s shift to operate as a digital bank, with the digital ecosystem becoming a growth driver. According to the bank, 89% of new customers came from digital channels, up more than 30% year on year.
For 2026, BVBank’s forecast is pre-tax profit of VND 522 billion, up 34%. The bank said it expects to enter a new stage of growth centered on enhancing customer experience and digital platforms, expanding the digital ecosystem to support lending/financing and to provide seamless service across channels. The plan also focuses on boosting management/payment solutions to support sales teams, business households, and small retailers with a path to transparent and professional business.
The bank targets 30% growth in new customers. Despite challenging early 2026 conditions, management noted effective control of operations and that the bank met its profit plan. Q1 2026 pre-tax profit is expected to reach VND 215 billion, up 1.7 times year on year.
A key agenda item is the transfer of BVB trading from UPCoM to HOSE. BVBank aims to list all BVB shares on HOSE in Q3 2026, following approval to discontinue trading on UpCOM and register the full stock for HOSE listing.
The Board proposed continuing the capital increase plan approved earlier but not executed in 2025. BVBank will issue 320.4 million shares to existing shareholders at a ratio of 2:1 to increase charter capital by VND 3,204 billion to support lending. The issue price will not be lower than VND 10,000 per share. Shares issued to existing shareholders will be freely transferable.
In addition, the bank will raise an extra VND 300 billion by issuing 30 million ESOP shares. If both issuances are completed, charter capital would rise from VND 6,408 billion to VND 9,912 billion, a 55% increase.
Regarding profit distribution, in 2025 retained earnings after reserve funds stood at nearly VND 337 billion. The bank has no dividend plan. At the end of the meeting, all proposals were approved by shareholders with high consensus.
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