Nam A Bank has reported a significant improvement in its financial performance for the first half of 2026, with pre-tax profit rising 25% year-on-year to VND 3.159 trillion.
The Vietnamese lender’s results highlight a dual recovery in both profitability and asset quality, marking a positive shift for the institution after a period of credit stress.
The bank’s asset quality metrics showed marked improvement, with the ratio of Group 2 loans falling to 0.54% from 1.31% at the end of 2025.
Concurrently, the non-performing loan (NPL) ratio declined sharply, reflecting successful restructuring efforts and tighter credit controls.
This reduction in credit risk has likely contributed to lower provisioning costs, supporting the bottom-line growth.
The results come as several Asian lenders report stronger-than-expected earnings amid stabilizing economic conditions.