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Techcombank held its 2026 annual general meeting of shareholders on April 25, with CEO Jens Lottner outlining the bank’s progress in 2025 and its plans for growth and risk management in 2026.
According to the bank’s 2025 report presented at the AGM, Techcombank’s 2025 consolidated pre-tax profit reached a record VND 32,538 billion, up 18.16% year-on-year and surpassing the AGM target of VND 31,500 billion.
The bank said growth was driven mainly by net interest income, supported by 18.36% credit growth, while net interest margin (NIM) faced pressure and provisioning costs were controlled.
Techcombank reported continued progress in core business areas. By end-2025, its CASA ratio reached 40.4%, the highest in the market, helped by 17% growth in CASA balances and automatic earnings.
In asset management, the bank ranked No. 1 by assets under management (AUM), reaching VND 645,000 billion for Private Banking/Private Banking & Portfolio, up 86% year-on-year.
On cards, Techcombank said it ranked first with about 27% nationwide market share of total Visa card payment value. In digital transactions, its nationwide share rose to 16%, ranking No. 1 in digital/branchless banking transactions, according to Napas.
In bond issuance market share, Techcombank accounted for 38%. In bank brokerage within HOSE, its market share reached 9%.
Jens Lottner said Techcombank is no longer a “pure bank,” but has become a broader financial ecosystem. He highlighted diversification into areas including real estate, capital markets, and the affluent segment, alongside investments in technology, data, and AI to support faster decision-making and more precise marketing.
On real estate exposure, the bank said diversification has reduced the sector’s share in its portfolio: it previously accounted for about 40%, but is now below 30%. The CEO said this reflects a view that other sectors can be exploited more effectively.
Techcombank presented two scenarios for 2026 to adapt to different market conditions.
The bank also reported, with NN Bank’s approval, an approved credit limit of VND 849,000 billion, up 12% from 2025.
The Board proposed a cash dividend of 7%, equivalent to VND 4,960 billion, funded from undistributed profits as of 31/12/2025, based on audited standalone and consolidated financial statements. The payout is expected in Q2 or Q3 2026.
Techcombank also plans to substantially raise charter capital in 2026 by issuing:
Projected charter capital would rise from VND 70,862 billion to VND 113,738 billion, described as the largest capital increase announced by banks in 2026.
At the meeting, leadership discussed growth strategies and risk management as the bank seeks to expand its role beyond traditional banking into wealth management and capital markets while maintaining prudent risk controls.
The chairman emphasized risk management and the long-term role of real estate, along with diversified growth across sectors. The meeting concluded with all proposals approved.
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