Nam A Bank Achieves 32.5% Profit Growth in Q1 2026, Boosts International Cooperation

Nam A Bank has demonstrated robust financial performance in the first quarter of 2026, showcasing significant growth and improved operational efficiency. The bank's pre-tax profit surged by 32.5% year-on-year to over 1.62 trillion VND, with a Return on Equity (ROE) exceeding 21%, placing it among the top banks in the market. This strong performance is attributed to a strategic diversification of revenue sources, reducing reliance on traditional credit, and enhancing overall operational effectiveness.

The bank has also made strides in controlling its cost-to-income ratio, maintaining it at a tight 39.2%, and has significantly reduced its non-performing loan ratio to 1.6%. This focus on asset quality and prudent risk management underscores Nam A Bank's commitment to sustainable growth. The total assets reached nearly 410 trillion VND, with a notable increase in deposits and a strategic shift in credit focus towards manufacturing and non-real estate sectors, aligning with the State Bank of Vietnam's directives.

Furthermore, Nam A Bank is actively pursuing international partnerships to bolster its capital base and promote inclusive finance. Recent collaborations with BlueOrchard and the International Finance Corporation (IFC), including a potential 50 million USD trade finance package, highlight the bank's ambition to mobilize sustainable and green finance for Vietnamese SMEs. These initiatives mark a strategic step towards internationalization and reinforce the bank's role in supporting Vietnam's economic development.