As of 26 October, Q3 pre-tax profits of Saigonbank, KienlongBank, BAOVIET Bank and PGBank all declined year on year, with Saigonbank's falling nearly 80%. Saigonbank reported Q3 pre-tax profit of VND 17.8 billion and nine-month pre-tax profit of nearly VND 66 billion, down nearly 75%, mainly due to weaker services and foreign exchange trading and sharply higher operating costs. Its loans to customers stood at VND 21,754 billion as of 30/6/2026, slightly lower than at end-2025, while customer deposits fell to VND 25,171 billion. BAOVIET Bank's Q3 pre-tax profit fell 41% to VND 17 billion, KienlongBank's dropped 12.7% and PGBank's fell over 10%, although KienlongBank and PGBank still posted nine-month growth. Positive results in some business lines were not enough to offset the factors weighing on profits.
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Original headline: Một ngân hàng giảm gần 80% lợi nhuận quý III
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VNINDEX
▼ Likely negativeRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/26/2026 | 1,763.55 |
| Change that session | -0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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