In the first 6 months of 2023, the total operating income (TOI) of many banks continued to increase, but at a slower pace in the context of economic difficulties. Nearly half of the surveyed banks recorded a decrease in TOI over the same period.
According to a survey of 29 banks that have released their second-quarter financial statements, their total operating income has increased by 2.7% over the same period last year.
Banks in the Big4 group have all returned to the top four leading positions in the ranking while in the same period last year, VPBank recorded a higher TOI than VietinBank. In terms of absolute value, in the first two quarters of 2023, VietinBank recorded an increase of nearly VND 4,800 billion in TOI, while VPBank's TOI decreased by about VND 6,400 billion.
Agribank held the top spot in terms of operating income, reaching over VND 36 trillion, despite a 4% drop. Vietcombank (nearly VND 36,000 billion), VietinBank (nearly VND 35,000 billion) and BIDV (nearly VND 35,000 billion) are in the next positions with TOI all increasing compared to the same period last year.
The remaining positions in the top 10 belong to VPBank, MB, Techcombank, ACB, Sacombank and HDBank, respectively.
Although its TOI has decreased by about 20.3% over the same period last year, VPBank is still the leading bank in the joint stock group with TOI of over VND 25,000 billion.
Among the 29 surveyed banks, the banks with the strongest growth in TOI include BaoVietBank (up 84.8%), Nam A Bank (up 36.6%), Bac A Bank (up 27.8%) or Bac A Bank (up 27.8%). MSB (up 23.2%). Meanwhile, 13 banks recorded a decrease in TOI compared to the same period last year, such as VPBank (down 20.3%), Ban Viet (down 19.9%) and SeABank (down 16.2%).
Compiled by VietnamCredit