VietinBank reported third-quarter pre-tax profit of 13,688 billion VND, up 22% year on year, overtaking Vietcombank as the largest bank by profit this quarter. Net interest income, the core measure of banking operations, reached 21,815 billion VND, up 27%, while net income from services, foreign exchange and other activities all grew strongly. The bank credited the results to tighter control of capital costs, a rebalanced credit portfolio, risk management and lending to sectors prioritized by the government. However, for the first nine months, pre-tax profit of 39,557 billion VND (up 34%) still ranked second behind Vietcombank. As of September 30, total assets reached 2.95 million billion VND (up 7%), outstanding loans exceeded 2.1 million billion VND, deposits were 1.94 million billion VND, and bad debt stood at 25,781 billion VND, or 1.2% of loans, up 0.1% from the start of the year.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: VietinBank dẫn đầu lợi nhuận ngành ngân hàng trong quý III
Read the original on VnExpress ↗
Keywords
CTGbanksearningsnon-performing loans
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Related tickers and likely impact
CTG
▲ Likely positiveVietinBank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 238,445 bn VND |
| P/E | 5.9 |
| P/B | 1.22 |
| Close on 10/30/2026 | 30.30 |
| Change that session | -1.30% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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