BSR, the operator of the Dung Quat refinery, has deposited more than VND 58,000 billion with banks, nearly half of its total assets of over VND 120,000 billion at end-September. Of this, nearly VND 57,000 billion is term deposits, up more than VND 20,000 billion since the start of the year, with BIDV holding the most at over VND 12,400 billion, followed by VietinBank and SHB. The move comes as average deposit rates have risen for 11 straight months and exceed 8% a year for 6–12 month terms on published rate tables. In the first nine months, BSR earned over VND 1,800 billion in deposit interest, nearly double the same period of 2025, and post-tax profit of over VND 24,900 billion, 11 times higher year on year; management attributed the gains mainly to Q3 crude oil prices rising from $69 to $97 per barrel amid the Middle East conflict. Techcom Securities said nearly all of the company's core operating profit is converting into cash, and the absence of long-term debt provides a buffer for expansion.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Chủ nhà máy lọc dầu Dung Quất gửi ngân hàng hơn 2 tỷ USD
Read the original on VnExpress ↗
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Related tickers and likely impact
BSR
• NeutralPetrovietnam Refining and Petrochemical
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Integrated Oil & Gas |
| Market cap | 138,201 bn VND |
| P/E | 6.9 |
| P/B | 1.66 |
| Close on 10/30/2026 | 27.60 |
| Change that session | -0.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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