# Southeast Asian banking sector profit trends

> Developing situation record from CLSTR: https://clstr.news/situations/southeast-asian-banking-sector-profit-trends
> Updated: 2026-11-01T04:45:42.000Z. Sources: 12. Developments: 2.

Financial reports from major Southeast Asian banks indicate varying levels of profit growth during the first nine months of 2026.

In Thailand, Bank of Ayudhya reported a 3.9% increase in net profit, reaching 25,572 million baht. This growth was attributed to strong performance in large corporate loans and high-yield business segments within the ASEAN region, despite contractions in the SME and domestic retail loan sectors.

In Vietnam, the Bank for Investment and Development of Vietnam (BIDV) saw a 20.5% increase in pre-tax profit, totaling 28,483 billion VND, with total assets approaching 3.5 quadrillion VND. Following these results, the bank adjusted its interest rate structure in November 2026, reducing counter rates for individual and corporate customers by 0.5 percentage points for terms of six months or longer.

Broader trends in Vietnam show commercial banks implementing interest rate reductions to lower capital costs and stimulate economic growth. In Gia Lai, Agribank, BIDV, and Vietcombank have introduced preferential credit programs, with some offering rate cuts of up to 2% per year for priority sectors such as high technology, exports, and green projects. Sacombank has also launched a 10,000 billion VND credit package for new export and FDI enterprises, with rates starting at 7.9% per year. Meanwhile, Vietcombank reported a significant increase in risk provision expenses in the third quarter, driven by a 5,000 billion VND provision for a corporate bond lot related to the energy sector.

## Timeline

### 2026-11-01: Vietnam banks implement interest rate cuts to support business growth

Vietnamese commercial banks are cutting interest rates to support businesses, while major lenders like BIDV report strong growth and Vietcombank increases risk provisions.

12 sources. https://clstr.news/cluster/vpbank-shifts-toward-diversified-financial-structure

### 2026-10-21: Bank of Ayudhya reports 3.9% profit growth in first nine months

Bank of Ayudhya's net profit rose 3.9% to 25,572 million baht in the first nine months of 2026, driven by ASEAN and large corporate loan growth.

2 sources. https://clstr.news/cluster/bank-of-ayudhya-reports-39-profit-growth-in-first-nine-months

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Cite as: Southeast Asian banking sector profit trends. CLSTR, https://clstr.news/situations/southeast-asian-banking-sector-profit-trends