National Citizen Bank outlines plan to resolve warning status

National Citizen Commercial Joint Stock Bank (NCB) has detailed measures and a roadmap to rectify the warning status of its securities, which arose from negative undistributed after-tax profits in its consolidated financial statements for half-year 2025 and 2024. The bank's securities were moved from under-control to warning status by the Hanoi Stock Exchange on September 4, 2025. This follows the board of directors' approval of a "Restructuring plan associated with bad debt handling for the period 2023-2025, with an orientation to 2030" on June 28, 2024.

By June 30, 2025, NCB reported a consolidated profit after tax of VND 462.2 bn for the first six months, representing a 7603.3% increase compared to the previous year. Key performance indicators show total assets at VND 144,116 m (151% of the 2025 growth plan), loans to customers at VND 86,835 m (73%), and fund mobilization from customers at VND 120,722 m (112%).

NCB plans to continue its capital increase roadmap in 2025 by issuing private shares to raise its charter capital by a maximum of VND 7,500 bn. The bank aims to improve business performance in 2025 by focusing on stable development, restructuring according to the PACCL roadmap, and enhancing service quality, including a planned customer lending growth of VND 21,353 bn in 2025.