OCB reports 30% profit growth in first half of 2026

Orient Commercial Joint Stock Commercial Bank (OCB) reported a 30.5% increase in pre-tax profit for the first half of 2026, reaching 2,470 billion VND. The bank's total assets grew nearly 9% compared to the end of 2025, reaching 351,741 billion VND.

OCB's credit growth reached 227,554 billion VND, an 11% increase from the end of last year, outperforming the industry average of approximately 7.73%. The bank focused on SMEs, FDI enterprises, and priority production sectors, while retail credit grew by over 6%.

Net interest income, the primary growth driver, rose 13% year-on-year to 4,908 billion VND. Total net revenue also saw a significant increase of 20.6% compared to the same period in 2025.