News about VPBank

VPBank has become the first private bank to surpass VND 200,000 billion in owners' equity, reaching VND 200,078 billion in its Q3/2026 financial report, up VND 8,863 billion in the quarter alone and nearly VND 19,800 billion since the start of the year. Vietcombank passed this level first in the system in 2025, VietinBank reached VND 200,214 billion as of June 30, 2026, and Techcombank stood at VND 197,325 billion at the end of Q3. The growth of the two private banks comes mainly from retained profits: in the first nine months of 2026, VPBank's pre-tax profit was nearly VND 30,000 billion, up about 47%, while Techcombank's reached VND 28,915 billion, up 23.7%. The article notes that charter capital makes up only about 36% and 40% of owners' equity at Techcombank and VPBank, and that stock dividends do not increase owners' equity.