In a rapidly evolving economic landscape, cash flow is emerging as the lifeblood for businesses, particularly for small and micro enterprises. With challenges such as delayed customer payments, rising operational costs, and increased inventory levels, maintaining a steady cash flow has become a pressing concern for many. BVBank is stepping in to offer financial solutions, including preferential loans and advanced financial management tools, aimed at helping businesses stabilize and grow.
As inflation remains under control, projected to stabilize between 3% and 4.5% in 2025, the Vietnamese economy is showing positive signs of recovery. This stable inflation rate is crucial for businesses as it provides a conducive environment for long-term planning, alleviating fears of sudden cost shocks. The government and the State Bank are implementing supportive policies, such as maintaining low interest rates and encouraging credit, which further aids businesses in managing their costs.
Despite these favorable macroeconomic conditions, cash flow challenges persist. Many businesses find themselves unable to capitalize on growth opportunities due to a lack of funding. BVBank recognizes this and offers loan packages with interest rates starting at 6.95%, along with quick online support to ensure businesses can access the capital they need without disruption.
Moreover, effective cash flow management is critical. BVBank provides specialized solutions that allow businesses to monitor their financial health transparently and accurately, enabling timely and effective decision-making. For retail businesses and those operating through multiple channels, BVBank has developed the Digistore platform, which streamlines the management of orders, inventory, transactions, and revenue. This innovation not only reduces operational costs but also enhances processing speed, allowing businesses to operate more flexibly and efficiently.
In an era where technology plays a pivotal role, BVBank understands the necessity for businesses to manage their finances anytime, anywhere. Their business accounts facilitate transactions, income tracking, and expense management directly from mobile devices, providing convenience and immediate decision-making capabilities.
As holiday seasons approach, businesses often worry about potential disruptions in financial transactions that could hinder operational plans. BVBank has addressed this concern by launching Digimi +, an automated banking platform that operates 24/7, even on holidays. This ensures that businesses can maintain continuous transactions and effectively manage their cash flow, even during the busiest periods.
In light of cash flow being a decisive factor for the survival and growth of businesses, choosing a reliable financial partner is a strategic move to navigate today’s volatile environment. BVBank’s flexible financial solutions, ranging from preferential loan packages to intelligent cash flow management tools, are designed to meet the operational needs of various businesses. Through these offerings, BVBank aims to enhance financial stability and sustainable growth for thousands of Vietnamese enterprises.
On another note, VIB Bank has also reported impressive results in the first quarter of 2025, with total income exceeding 4.6 trillion VND, aligning with the goals set during the 2025 General Meeting of Shareholders. The bank has seen a substantial increase in its CASA (current account savings account) by 17% since the beginning of the year, contributing positively to its net interest margin (NIM), which is optimized at 3.6%.
Credit card usage is on the rise, with over 900,000 cards in circulation and total spending in the first quarter nearing 33 trillion VND, marking a 17% increase compared to the same period last year. Additionally, VIB has recovered 342 billion VND in previously written-off debts, reflecting a 64% increase year-on-year. This financial resilience is complemented by a strategic reduction in operating costs by 6% compared to the previous year, alongside a significant decrease in provisioning expenses by 55%.
The total assets of VIB reached 496 trillion VND as of March 31, with customer loans amounting to 335 trillion VND, a growth of over 3% from the start of the year. Lending has been evenly distributed across various segments, including retail, SMEs, and corporate clients, with retail loans making up nearly 80% of the portfolio.
Continuing its growth trajectory from 2024, VIB is pioneering retail lending solutions, notably a housing loan package worth 45 trillion VND, with interest rates ranging from 5.9% to 7.9% for fixed terms of 6, 12, and 24 months. The transparency and innovation of this product have earned VIB the title of "Best Home Loan Bank in Vietnam" by Global Brands Magazine earlier this month.
Customer deposits have also seen positive growth, surpassing 282 trillion VND, an increase of 2% since the beginning of the year, with retail deposits being the main growth driver, accounting for over 70% of total deposits. In the first quarter, VIB launched the Super Interest Account, which attracted nearly 200,000 activations within two months and was recognized by Global Brands Magazine as the "Best Customer Benefit Account of 2025."
As of now, VIB's non-performing loan ratio stands at approximately 2.68%, with risk management indicators remaining safe and optimal. The capital adequacy ratio (CAR) under Basel II is at 11.8%, well above the regulatory minimum of 8%. This strong financial foundation allows VIB to pursue its growth objectives effectively.
On March 27, the VIB General Meeting of Shareholders approved a dividend plan of 21%, comprising 7% in cash and 14% in shares, which translates to nearly 2.1 trillion VND in cash dividends. The charter capital is set to reach 34 trillion VND following the completion of the stock dividend and employee stock ownership plan (ESOP).
In summary, VIB is committed to maintaining a high dividend payout, ensuring long-term benefits for shareholders, with plans to distribute over 8.5 trillion VND in dividends over the next three years. The bank aims to achieve a pre-tax profit of 11.02 trillion VND this year, marking a 22% increase compared to 2024. VIB's leadership is closely monitoring domestic and international macroeconomic conditions to implement dynamic business strategies that cater to individuals, SMEs, corporate clients, and financial institutions.
As the bank continues to align with its 2025 objectives, it remains focused on delivering shareholder value through effective capital management and sustainable growth strategies.
