Techcombank posted net insurance income of nearly VND 1,700 billion in the first nine months, more than double the VND 800 billion in the same period last year. Income from insurance business reached VND 2,150 billion, 2.4 times the prior-year level and nearly 60% above full-year income last year, before deducting VND 430 billion in insurance costs. Insurance's share of total service income rose from 10% to 15%, and nine-month income already exceeded the highest level recorded in 2020–2025. The previous peak of over VND 1,750 billion in 2022 mainly came from an exclusive distribution partnership with Manulife, which the bank ended after 10 years. The bank now holds 80% of Bảo hiểm Nhân thọ Kỹ thương and 68% of Bảo hiểm Phi nhân thọ Techcombank.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Techcombank lãi lớn từ bán bảo hiểm
Read the original on VnExpress ↗
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Related tickers and likely impact
TCB
▲ Likely positiveTechcombank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 242,349 bn VND |
| P/E | 8.5 |
| P/B | 1.30 |
| Close on 10/23/2026 | 34.20 |
| Change that session | +0.15% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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