News about KienlongBank

According to Kienlongbank's consolidated Q3 2026 financial statements, the bank and its subsidiary had 2,596 employees as of September 30, down 1,078 (29.3%) from the end of Q2, mainly due to a 786-person drop at the parent bank. Average monthly income per employee rose to about 25 million VND from 23 million a year earlier, as headcount fell faster than the payroll fund. Total assets reached 115,968 billion VND and customer deposits 81,827 billion VND, up 12.3% and 13.6% from the start of the year, while loans grew only 1.1% in Q3 alone. Non-performing loans rose 16.7% to 1,557 billion VND, lifting the NPL ratio to 1.98%. Nine-month pre-tax profit reached 1,713 billion VND, up 11.5% year on year, though Q3 profit fell 12.7% from a year earlier.

As of 30 September 2026, Kienlongbank (HOSE: KLB) and its subsidiary had 2,596 employees, down 1,078 (29.3%) from the end of Q2; the parent bank alone cut 786 staff in Q3. Average income per employee rose to about VND 25 million a month from VND 23 million a year earlier, as headcount cuts came alongside a network restructuring. Total assets reached VND 115,968 billion, up 12.3% from the start of the year, but customer loans grew only 1.1% in Q3. Non-performing loans rose 16.7% to VND 1,557 billion, lifting the NPL ratio to 1.98%. Nine-month pre-tax profit reached VND 1,713 billion, up 11.5%, but Q3 profit fell 12.7% year on year.

KienlongBank (Ngân hàng TMCP Kiên Long) announced that its Đức Hòa, Thới Bình and Thoại Sơn transaction offices will cease operations from 24/10/2026, according to a notice dated 14/10. The bank said the network reorganisation is part of its transition to a new service model, tied to accelerated digitalisation and multi-channel banking. Customers can continue to be served by other branches and transaction offices in the same or nearby areas, at X-Digi digital banking booths, and through the KienlongBank Plus app. Under its 2026-2030 strategy, the bank aims to build a data-driven, multi-channel bank and to further expand its use of artificial intelligence (AI).