NCB Achieves Strong Growth Momentum in Q1 2026

At the end of the first quarter of 2026, NCB recorded strong growth across multiple business indicators. These positive results demonstrate that NCB is on the right track and moving closer toward the early completion of its 2026 business plan and restructuring roadmap, aiming for sustainable development.

Multiple Business Indicators Achieved up to 90% of Annual Targets

The National Citizen Commercial Joint Stock Bank (NCB) has recently announced its Q1 2026 Financial Statements. Accordingly, right from the first quarter of 2026, NCB recorded impressive results. As of March 31, 2026, total assets reached nearly VND 173,504 billion, up 6% compared to the end of 2025. The Bank’s profit before tax exceeded VND 216 billion, increasing significantly from nearly VND 151 billion in Q1 2025, equivalent to a growth rate of 43%.

NCB achieved numerous impressive results in Q1 2026.

Core business activities all recorded strong growth. Specifically, net interest income exceeded VND 792 billion, up nearly 57%, while net fee and commission income reached more than VND 108 billion, up nearly 270% compared to the same period last year. Total mobilized funds at the end of Q1 2026 (including customer deposits and valuable papers issuance) also recorded growth of approximately 6% compared to the end of 2025, reaching nearly VND 139,110 billion.

As of March 31, 2026, NCB’s total customer loans exceeded VND 116,876 billion, recording growth of 20% compared to December 31, 2025. The non-performing loan ratio and structure continued to improve significantly, demonstrating that NCB is effectively controlling the quality of its loan portfolio and implementing debt resolution measures efficiently in line with the restructuring plan roadmap.

Compared to its 2026 business targets, NCB has completed 91% of its total asset plan. Customer lending and capital mobilization indicators also achieved 89% and 88%, respectively, of the targets set for 2026.

Previously, NCB’s 2026 Annual General Meeting of Shareholders approved a business plan targeting total assets of VND 189,912 billion, an increase of 16% compared to 2025. Customer deposits are targeted to reach VND 158,685 billion, up 20% compared to the end of 2025. Of this amount, current account savings account (CASA) deposits are expected to reach VND 15,312 billion, up 33% compared to the end of 2025, raising the CASA/Total Deposits ratio to 9.6%.

The Bank also targets outstanding loans of VND 131,686 billion, representing growth of 35% compared to 2025, and profit before restructuring provision allocation of VND 1,416 billion, up 49% compared to 2025 performance. NCB commits to using all profits in accordance with the restructuring plan roadmap to complete the restructuring plan ahead of schedule and move toward sustainable development.

NCB is entering a healthier and more sustainable new development phase.

NCB’s positive business performance is an encouraging signal showing that the Bank has entered a new stage of development. These achievements are the result of the right strategic direction, methodical implementation and the effective execution of the new strategy in parallel with comprehensive restructuring, which the Bank has consistently pursued over the past nearly five years. At the same time, this forms the foundation for NCB to create breakthrough changes during the 2026-2030 period, aiming to become a healthy, efficient and sustainable bank delivering outstanding financial services and solutions to the market.

Accelerating Charter Capital Increase and Creating Breakthroughs Through Pioneering Digital Solutions

In 2026, NCB targets completing its charter capital increase to VND 29,280 billion, three years ahead of the schedule set in the restructuring plan. If completed, this will mark the Bank’s fourth consecutive capital increase within five years (2022-2026). This not only helps NCB ensure capital adequacy in accordance with regulations and strengthen financial resources for business expansion, but also demonstrates the Bank’s strong determination materialized through concrete actions to achieve its ambitious targets. Leading the market in capital growth over the past five years also reflects the high level of confidence and support from shareholders and investors in NCB’s new development journey.

It is reported that in 2026, NCB will focus on individual customers in major urban areas, tapping into customer ecosystems of strategic partners, leading enterprises in construction and supply sectors, contractors for national key projects, tourism-related business chains and diversifying funding sources from the interbank market and investment funds.

NCB continues to strengthen digital transformation and deliver the best services to customers.

The Bank’s digital transformation efforts are also entering a critical stage with breakthrough initiatives that redefine how NCB serves customers and enhances competitiveness in the digitalized market. Accordingly, NCB is expected to launch a Super App – a platform integrating traditional banking services with Digital Wealth management and digital branch systems. With this solution, NCB will become the first bank in Vietnam to provide an “all-in-one” platform integrating all customers’ financial needs on a single platform.

In addition, guided by the philosophy of aligning its growth with the development of the community and the country, NCB is accelerating its support for digital transformation in Vietnam’s tourism industry in 2026. The Bank has been developing pioneering solutions aimed at transforming payment experiences into a competitive advantage for Vietnam’s tourism sector and contributing to attracting international visitors.

As a strategic partner of the national tourism data platform Visit Vietnam, NCB is developing the integrated iziPay payment solution on the platform, enabling tourists to book services and make payments directly within the system at acceptance points nationwide. Recently, NCB also pioneered QR code payment solutions for international visitors, allowing tourists traveling to Vietnam to make payments conveniently, quickly and easily using their domestic banking applications or e-wallets. The solution has currently been connected and implemented in the following markets: China (Alipay, UnionPay); South Korea (GLN, Hana Financial Group, Naver Pay); Thailand; Laos; Cambodia, and is continuing to expand to Japan, Singapore and other markets. NCB stated that it will continue working with partners to expand two-way payment connectivity in the future, allowing NCB customers to use the NCB iziMobile application to scan QR codes for payments in other countries, delivering a leading modern and convenient payment experience in the market.