The bank has consistently demonstrated outstanding asset quality, maintaining the lowest non-performing loan (NPL) ratio and the highest provision coverage ratio among Vietnamese banks. Its NPL ratio stood at 1% in 2023, significantly below the industry average of 1.8%.

Additionally, Vietcombank improved its capitalisation and maintained solid profitability, reporting the highest net profit among local peers. It achieved a return on assets of 1.9% and a return on equity of 22% in 2023, surpassing industry averages of 1.5% and 19%, respectively.

The World’s 1000 Largest and Strongest Banks Ranking is an annual assessment of the financial and business performance of the banking industry. Covering all major global regions—Africa, Asia-Pacific, the Caribbean, Central America, Europe, the Middle East, North America, and South America—the ranking includes banks and financial holding companies engaged in significant banking activities.