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In Q1 2026, VIB reported total assets of over VND 564 trillion, up 1% compared with the start of the year. Loan outstanding increased by more than 1%, with the bank focusing on higher-quality customer segments to support profitability under its selective growth strategy.
The loan mix remained retail-oriented, with retail loans accounting for nearly 70% of total lending. VIB said its products were designed flexibly and competitively to match different customer segments.
In corporate banking, lending rose 8% year over year. The bank also continued to roll out comprehensive financial solutions—including lending, deposits, and transaction banking—through standardized and digitized processes, supported by proactive risk management, early warning systems, and sector-specific oversight.
On the funding side, customer deposits rose 7% year-to-date. Deposits from individuals continued to make up more than 62% of the funding mix.
Demand deposits (CASA) increased 5% year-to-date, helping optimize funding costs, strengthen net interest margins, and create room for more competitive lending rates for customers.
VIB said asset quality remained tightly managed, with the non-performing loan (NPL) ratio at 2.13% at the end of Q1 2026, within the bank’s controlled range despite market volatility.
The bank reported that it has implemented comprehensive credit risk management, strengthened portfolio monitoring, intensified debt collection, and worked closely with customers to improve asset quality in subsequent quarters.
Liquidity and capital adequacy indicators remained “safe and optimal.” Under Basel III standard SA, VIB’s capital adequacy ratio (CAR) rose above 12%, above the regulatory minimum.
Other key ratios included a loan-to-deposit ratio (LDR) of 78%, a short-term funding ratio for lending to medium- and long-term funding of 25%, and a net stable funding ratio (NSFR) of 105% (Basel III: above 100%).
VIB also stated it remains among leading Vietnamese banks in implementing Basel III under the standard approach per Circular 14/2025/TT-NHNN, while gradually applying higher Basel III components to reinforce its risk governance framework aligned with international norms.
Business activity remained efficient and sustainable. Pre-tax profit grew 16% year over year and exceeded VND 2.8 trillion, supported by improved operating efficiency, strict cost controls, higher productivity, and accelerated debt recovery.
Total operating income reached over VND 5.86 trillion, up 27% year over year. Net interest income exceeded VND 4.0 trillion, up 8% year over year. Non-interest income continued to diversify, with card activities accounting for 23% of total revenue.
VIB reported that its credit card business continued to expand, with more than 73,700 new cards opened in Q1 2026. Total card spending approached VND 35,000 billion, up 6% year over year.
At the AGM, shareholders approved a dividend payout of nearly 19% of equity, including 9% cash and 9.5% stock. The total cash dividend is expected to exceed VND 3,060 billion.
Issuing the stock dividend at 9.5% is expected to raise charter capital to over VND 37,300 billion after completion, strengthening the capital base to support credit growth and expansion in coming years.
On April 10, 2026, VIB officially launched Privilege Banking, targeting Vietnam’s middle class and asset-holding clients. The bank positioned the offering around three core values: Dynamic (flexible to demand), Unique (personalized to each journey), and Exclusive (privileges to seize opportunities ahead of others).
Privilege Banking provides a holistic financial solutions toolkit across cash flow management, accumulation, and investment, supported by an integrated premium card ecosystem and enhanced benefits for premium spending experiences. Credit solutions are designed flexibly to help customers structure funding, optimize cash flow, and seize investment opportunities across time.
VIB said the service is personalized on its MyVIB digital platform, supported by a team of experts.
Based on positive Q1 2026 results, VIB said it will continue pursuing the strategy approved by the AGM. The bank aims to sustain growth and improve operating efficiency by driving profit growth through credit expansion in key segments, lowering funding costs, and increasing contributions from non-interest income.
VIB added that strategic initiatives across multiple areas are expected to continue generating growth and strengthening the business in the quarters ahead.
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