Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has approved a cash dividend of VNĐ1,000 per share for the 2024 financial year, equivalent to 10% of face value, Viet Nam News reports. The move will see the lender distribute more than VNĐ7.08 trillion (about $277mn) to its shareholders.
The payout, endorsed at the bank’s 2025 annual meeting, will be funded from post-tax profits accumulated to the end of last year, after the mandatory reserve allocations. Techcombank stressed that the plan remains consistent with regulatory capital requirements and will not compromise its liquidity position.
The decision comes on the back of a resilient first half. In the second quarter of 2025, the bank posted a pre-tax profit of VNĐ7.9 trillion ($309mn) despite a turbulent operating environment. Total assets moved beyond VNĐ1 quadrillion ($39bn) for the first time, underlining its position as one of Vietnam’s largest lenders.
Customer growth has also been brisk. By mid-year, Techcombank had close to 16.5mn clients, up 1.2mn since January the report adds. More than half of the new accounts — 57.6% - were opened digitally, a reflection of the bank’s emphasis on technology-led services. Transaction volumes continued to expand, with nearly 1.9bn digital payments processed in the first six months, representing a 28% year-on-year increase, and a total value of around VNĐ6 quadrillion ($235bn).
According to the National Payment Corporation of Vietnam (NAPAS), Techcombank retained the country’s largest market share in both card issuance (17.5%) and payments (16.1%).
According to Viet Nam News, the bank has also gained international recognition, having been named Best Bank in Vietnam by Euromoney, Global Finance and FinanceAsia for a second consecutive year in 2024–25.
Techcombank, one of Vietnam’s most prominent joint stock commercial lenders, has pursued a strategy that combines traditional branch services with a strong digital ecosystem and sector partnerships. The lender currently holds long-term credit ratings of BB (S&P), BB- (Fitch) and Ba3 (Moody’s) - among the highest for private banks in the country.
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