Agribank reported record results in 2025 with total asset, for the first time, surpassing the US$100 billion, according to its newly released annual report.
Total assets rose 20.2 per cent to VNĐ2.69 quadrillion, surpassing the $100 billion mark for the first time and reinforcing Agribank's position among the largest banks in Việt Nam's financial system.
A customer conducts a transaction at an Agribank's office. — Photo courtesy of the bank
The State-owned lender said 2025 marked a turning point as it completed a comprehensive restructuring plan linked to non-performing loan (NPL) resolution, resulting in a notable improvement in asset quality and operational efficiency.
Profit before tax reached VNĐ31.17 trillion (US$1.2 billion), up 13 per cent year on year and the highest level on record.
Credit growth remained steady, with outstanding loans reaching VNĐ1.97 quadrillion, up 14.7 per cent, of which over 64 per cent went to agriculture and rural sectors. Deposits rose 13.4 per cent to VNĐ2.30 quadrillion, supporting liquidity, while the NPL ratio fell to 1.17 per cent. Profitability also improved, with return on equity (ROE) at 19.55 per cent and return on assets (ROA) at 1.01 per cent.
For 2026, Agribank targets at least VNĐ32.5 trillion in pre-tax profit, with credit and deposit growth of 12-15 per cent and total income of no less than VNĐ178.5 trillion, while keeping the NPL ratio below 1.5 per cent and ROE at 19-24 per cent.
The bank said the operating environment remains challenging amid global uncertainties, though domestic drivers and expected credit growth of around 15 per cent will support the economy.
Agribank will focus on mobilising capital and directing lending to priority areas such as high-tech agriculture, the green economy and exports, while closely monitoring higher-risk sectors like real estate.
