Vietnam Maritime Commercial Joint Stock Bank (MSB) recorded pre-tax profit of over VND 4,760 billion, with many stable growth indicators in 9 months.
According to the third quarter financial report, MSB’s total assets reached nearly 356,000 billion VND, an increase of 11% compared to the end of 2024. Outstanding loans are more than 204,950 billion VND, equivalent to an increase of 15.1%. Customer deposits reached nearly 183,400 billion VND, an increase of 19%, of which term deposits reached 132,360 billion VND, an increase of 16%.
In particular, CASA (demand deposits) exceeded VND 51,000 billion, an increase of 25% and accounting for 27.83% of total mobilization. This is the fourth consecutive quarter that the CASA ratio increased, reflecting MSB’s efforts in enhancing digital experience and effectively exploiting customer files through a series of convenient products and services.
At the same time, valuable papers issued reached nearly 26,100 billion VND, an increase of 23% compared to the end of 2024, supporting MSB to diversify capital sources and optimize mobilization costs.
MSB recorded many positive growth indicators in 9 months. Image: MSB
Total operating income for 9 months reached nearly 10,200 billion VND, a slight increase over the same period. Of which, net interest income reached VND 7,904 billion (up 11%). Although deposit interest rates are quite high compared to previous years and MSB is balancing lending interest rates to support customers, the bank’s net interest margin (NIM) for the most recent 12 months is still kept at 3.45%.
In addition, income from service activities reached VND 1,547 billion (up 13%), thanks to contributions from the payment, treasury, trust and agency segments.
Consolidated capital adequacy ratio (CAR) as of September 30 reached 12.18%; Individual bad debt (NPL) is at 1.9%, lower than the threshold prescribed by the State Bank. The loan-to-deposit ratio (LDR) decreased to 71.31%, while the ratio of short-term capital for medium and long-term loans was maintained at 27.03%, ensuring safe and flexible liquidity.
Last September, MSB completed increasing its charter capital to VND 31,200 billion through issuing shares to pay dividends at a rate of 20%. Increasing capital helps the bank expand its scale and increase its financial capacity. In recent years, MSB has maintained a policy of paying regular dividends. This is one of the factors that attract investors to MSB shares.
In parallel with promoting business, MSB implements a sustainable development strategy. In July 2025, the bank announced the Sustainable Finance Framework, built according to a chain of international standards, to standardize the process of granting credit, issuing green and sustainable bonds, and mobilizing green capital at home and abroad.
Representing MSB at the launch event of the Green Commercial Banking Alliance in Hong Kong. Image: BTC
MSB has also joined The Alliance for Green Commercial Banks initiated by IFC, marking a step forward in international cooperation on integration with the global green finance trend. Joining the alliance helps MSB access knowledge and technical support from international organizations, while spreading a sustainable financial model in the Vietnamese banking system.
A bank representative said that MSB aims to build a “responsible banking” model, taking the balance between profit goals, social benefits and environmental protection as the focus.
Mr. Nguyen Phi Hung, Deputy General Director of MSB, represented and received the “Excellent Asian Business” award. Image: BTC
In addition to stable financial results, in the third quarter, MSB was also honored with a number of awards such as “Excellent Asian Business” and “Inspirational Brand” at the Asia Pacific Enterprise Awards (APEA) 2025, and the title “Bank with outstanding innovative products and services” at the Outstanding Vietnam Banking Forum (VOBA 2025).