Saigonbank's outstanding loans and customer deposits both declined from the start of the year, while total assets were flat at 35,370 billion dong. Pre-tax profit for the first nine months was 66 billion dong, down 75% year on year and just over 20% of the full-year target, as interest income rose 10% but interest expense rose 25%. The bank also faced higher operating costs and provisioning pressure, and its VAMC special bond holdings rose from 500 billion dong to 1,245 billion dong. By end-September, loans fell 1% to 21,755 billion dong and customer deposits fell over 4% to 25,170 billion dong, with individual deposits down nearly 8%. The NPL ratio under Circular 31 was 2.35%, or about 3.06% of customer loans, and the NPL coverage ratio was only around 35%, well below the system average.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Saigonbank giảm cả cho vay và huy động
Read the original on VnExpress ↗
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bankscreditnon-performing loans
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VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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