National Citizen Bank outlines strategy to resolve warning status

National Citizen Commercial Joint Stock Bank (NCB) has submitted a report to the State Securities Commission and the Hanoi Stock Exchange outlining measures to rectify its securities' warning and controlled status. This status resulted from negative undistributed after-tax profits in consolidated financial statements for Q3 2025 and 2024. The bank cited a 390% increase in consolidated after-tax profit for Q3 2025, reaching 189.8 bn dong, compared to a loss of 65.4 bn dong in the same period last year.

NCB's 2025 business plan has seen strong progress. Total assets increased to 154,102 m dong (114% of target), loans to customers reached 94,956 m dong (103% of target), and customer deposits grew to 119,326 m dong (101% of target) as of September 30, 2025. The bank also successfully completed a 7,500 bn dong private share issuance in October 2025 to increase its charter capital, bolstering financial capacity.

The restructuring plan includes a target of 21,353 bn dong in customer lending growth for 2025 (a 30% increase from 2024), a focus on resolving non-performing loans, and increasing customer deposits by 23.2% and CASA by 56.0% compared to the end of 2024. These actions are designed to improve business performance and establish a foundation for sustainable development.