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24 clusters · 20 sources · 59 days · First seen · Last updated

Categories: BUSINESS

Vietnam banks H1 2026 profits diverge, BVBank spikes

Entities: Techcombank · VPBank · LPBank · ABBank · BVBank

Overview

Vietnamese banks kept 12‑month term‑deposit rates near or above 6.5 % through mid‑July 2026, and competition pushed effective yields on many 6‑12‑month products above 9 % by late July. Institutions such as VikkiBank and HDBank advertised rates exceeding 9 %, while others offered 8‑8.8 % yields with added incentives.

The sector’s earnings remained split. Saigonbank’s pre‑tax profit fell 72 % to VND 48 billion and Eximbank dropped 51 % to VND 730 billion, while KienlongBank rose 15.8 % and Vietbank posted a 79 % jump. AB​Bank’s recent capital increase to about VND 16.07 trillion underpinned its digital‑transformation plans.

A striking outlier emerged as BVBank recorded a 486 % surge in pre‑tax profit, reaching VND 547 trillion, the sector’s strongest gain. ABBank followed with an 80 % rise to VND 3,016 trillion, and other banks such as PGBank, NCB and Vietbank posted gains of 66‑79 %. The profit boom translated into higher staff compensation; LPBank posted the steepest salary growth, while VPBank’s average pay slipped amid a headcount rise.

Overall, the first half of 2026 highlighted a rapidly shifting Vietnamese banking landscape, where intense deposit‑rate competition coexists with pronounced profit divergence and selective outperformance by a few institutions.

Timeline

  1. about 22 hours ago

    [BUSINESS] 4 sources
    BVBank Leads Massive Profit Surge Among Vietnamese Banks in H1 2026

    Vietnamese banks saw a profit surge in H1 2026, led by BVBank’s 486% rise, while employee wages rose at LPBank and Techcombank but fell at VPBank.

  2. 7 days ago

    [BUSINESS] 4 sources
    Vietnam banks post mixed H1 profits as deposits rise above 9%

    Vietnam's major banks show divergent H1 2026 profits, with some posting sharp losses while others surge, as competition pushes deposit rates past 9% annually.

  3. 10 days ago

    [BUSINESS] 2 sources
    Vietnam's PVcomBank approves 12,000 billion dong capital increase

    PVcomBank approved a 12 trillion‑dong capital boost while Vietnam’s banks posted JPY to VND rates around 156‑168 VND per yen on 21 July 2026.

  4. 11 days ago

    [BUSINESS] 4 sources
    ABBank boosts capital to near 16.1 trillion dong after share issuance

    ABBank issued ~209.6 million shares, increasing its charter capital to roughly 16.1 trillion dong to bolster capital ratios, credit growth, and digital initiatives.

  5. 11 days ago

    [BUSINESS] 2 sources
    Vietnam real estate firm Crytal raises VND2 trillion in first corporate bond

    Vietnam's Crytal Infrastructure raised VND2 trillion via a five‑year corporate bond at a minimum 12.5 % interest, marking its first bond issuance since its 2025 founding.

  6. 14 days ago

    [BUSINESS] 3 sources
    Vietnam banks post profit surge as digital transactions climb

    Vietnamese banks saw strong H1 2026 profit growth, led by VPBank’s 68% profit jump and HDBank’s digital transactions up 35% in volume and 106% in value, signaling rapid cashless banking adoption.

  7. 15 days ago

    [BUSINESS] 2 sources
    Vietnam banks keep online deposit rates stable in July

    July surveys show Vietnamese banks' online deposit rates stayed steady, with ACB topping at 7.3 % for 12‑month deposits and the state‑owned Big 4 at 6.8 %.

  8. 17 days ago

    [BUSINESS] 4 sources
    Vietnam banks hold deposit rates steady as market stabilises

    Vietnamese banks kept deposit rates stable in mid‑July, with ACB offering the peak 7.3% for 12‑month deposits and most rates staying between 6.6%‑6.9%, though some reports cite a possible 9.2% rate for a 13‑‑​

  9. 20 days ago

    [BUSINESS] 9 sources
    Vietnamese banks post profit surge as deposit rates climb and NPLs diverge

    Vietnamese banks report strong half‑year profits, divergent NPL trends and a race to raise deposit rates, while digital banking usage surges.

  10. 21 days ago

    [BUSINESS] 3 sources
    Vietcombank posts 9.8% asset growth in first half of 2026

    Vietcombank’s assets rose 9.8% to VND 2.67 million trillion in H1 2026, credit to key sectors grew 8%, non‑performing loans stayed under 1%, and it launched QR cross‑border payments via Alipay+ in 60+ countries

  11. 22 days ago

    [BUSINESS] 3 sources
    Agribank launches 15,000 billion dong bond sale and secures 29.7 trillion dong capital boost

    Agribank opened a 15 trillion‑dong bond sale and received a 29.7 trillion‑dong capital injection, boosting its charter capital to 81.3 trillion VND and reinforcing agricultural financing in Vietnam.

  12. 24 days ago

    [BUSINESS] 4 sources
    Vietnam banks show steady rates, profit surge and Agribank capital increase

    Vietnam banks kept deposit rates steady (ACB up to 7.3%), ABBank posted an 80% profit rise, VietinBank assets hit 3 quadrillion VND, Agribank loan book passed 2 quadrillion VND and received a VND 9.5 trillion资本

  13. about 1 month ago

    [BUSINESS] 2 sources
    Vietnam interbank rates surge to 13% as central bank provides short‑term liquidity

    Vietnam’s interbank overnight rate jumped to 13 % on 30 June; the central bank responded with a one‑week USD/VND swap and VND auctions to ease liquidity pressure.

  14. about 1 month ago

    [BUSINESS] 2 sources
    Vietnam banks' 12‑month deposit rates hover between 6.8% and 7.3% in late June

    Vietnam's banks show stable deposit rates in late June, with ACB at 7.3% for 12‑month terms and state‑owned banks holding 6.8%, while rates range down to 3.7%.

  15. about 1 month ago

    [BUSINESS] 2 sources
    Saigonbank Tops Vietnam Deposit Rates with 7.2% for 12‑Month Term

    Saigonbank leads Vietnam’s 12‑month deposit rates at 7.2 %, while the Big 4 hold 6.8 % and other banks range down to 3.7 %.

  16. about 1 month ago

    [BUSINESS] 2 sources
    Vietnam banks keep short‑term deposit rates at 4.75% as ceiling

    Vietnam’s top banks hold 3‑month deposit rates at the 4.75% ceiling, while Saigonbank offers the highest 12‑month rate at 7.2%.

  17. about 1 month ago

    [BUSINESS] 3 sources
    Vietnam banks' June deposit rates: ACB tops at 7.3% annual

    June 2024 Vietnamese deposit rates show ACB leading at 7.3% annual; state‑owned banks hold 6.8%, while rates range from 3.7% to 7.3% across institutions.

  18. about 1 month ago

    [BUSINESS] 2 sources
    Vietnam banks' deposit rates diverge, ACB leads with 7.3% annual yield

    Vietnam's June surveys show deposit rates split, with ACB at 7.3% the highest and state banks at 6.8%; the gap between top and bottom rates is about 3.6 points.

  19. about 1 month ago

    [BUSINESS] 2 sources
    Bank Deposit Rate Pressures Spur Competition and Margin Squeeze

    Rising deposit rates and emerging stablecoin competition are squeezing bank margins, prompting higher‑rate offers and AI‑driven deposit strategies, with Vietnam banks seeing NIMs fall in Q1 2026.

  20. about 2 months ago

    [BUSINESS] 3 sources
    Vietnam Household Bank Deposits Reach Record 10.56 trillion VND

    Vietnam’s household bank deposits hit a record 10.56 trillion VND in March 2026, up 2.19% YoY, as banks raise savings rates to 7‑9% amid abundant idle cash.

  21. about 2 months ago

    [BUSINESS] 4 sources
    Vietnam banks offer up to 7% annual savings rates, widening gap across institutions

    Vietnam banks' 12‑month savings rates range from 3.7 % to 7 %, a 3.3‑point spread that can add tens of millions of VND in interest on a 1 billion VND deposit.

  22. about 2 months ago

    [BUSINESS] 3 sources
    Vietnam banks keep savings rates near 7% as fraud warnings rise

    Vietnam’s major banks hold term‑deposit rates around 7% annually, with state banks at 6.8% for 12‑month terms. Promoted yields may reach 7.5‑8%, but authorities warn of scams offering 8‑9%+ returns.

  23. about 2 months ago

    [BUSINESS] 3 sources
    Vietnam's banks face deposit rate disputes and scam warnings

    Agribank announced deposit rates up to 6% and a prize draw, warning of high‑yield scams. A court upheld a Vietnamese bank’s automatic renewal of savings accounts, denying an elderly man’s claim for original‑era

  24. about 2 months ago

    [BUSINESS] 2 sources
    Vietnamese banks lift savings deposit rates in June 2026

    Agribank's June 2026 rates top out at 6 % for 24‑month deposits, while Cake by VPBank offers up to 8.9 % for new savers and 8.7 % for existing customers with bonuses on longer terms.

Sources

baochinhphu.vn · biz.cafef.vn · cafebiz.vn · cafef.vn · dantri.com.vn · erzsebetter.hu · finopotamus.com · kenh14.vn · kienthuc.net.vn · lubicsszilvi.webnode.hu · m.afamily.vn · m.dantri.com.vn · m.kenh14.vn · mattran.org.vn · nowjakarta.co.id · tienphong.vn · tuoitre.vn · vietnamplus.vn · vir.com.vn · vtv.vn

This summary has been updated 1 time: see revision history