BIDV Bank leads the market in terms of loan capital with more than 1.84 million billion VND as of June 30, up 5.9% compared to December 31, 2023 and accounting for 15% of the total loan market share. (Source: Gutina)

The four state-owned commercial banks (Agribank, VietinBank, Vietcombank, BIDV) lead the market in lending, with total outstanding loans reaching over VND6.34 trillion as of June 30. The lending market share of the Big4 banks accounts for 52% of the total market share of the 30 banks combined.

If calculating the Top 10 largest lending banks in the first 6 months of the year, the total loan capital of these 10 banks reached 9,598 trillion VND, accounting for 78% of the total outstanding debt of all 30 banks.

Because the 5 banks SCB, Dong A Bank, OceanBank, GPBank and CB did not publish financial reports, the overview of the lending market share of the banking industry in this article does not include the above 5 banks.

BIDV Bank leads the market in terms of loan capital with more than 1.84 million billion VND as of June 30, an increase of 5.9% compared to December 31, 2023 and accounting for 15% of the total loan market share.

Agribank and VietinBank had outstanding loans as of June 30 reaching VND1.59 and VND1.55 million billion, respectively, achieving credit growth of 2.59% and 6.69% compared to the end of 2023.

Vietcombank achieved the lowest outstanding loan balance in the Big4 group with more than 1.35 million billion VND, credit growth reached 7.75%.

In terms of lending market share of 30 banks, Agribank accounts for 12.9%, VietinBank accounts for 12.64% and Vietcombank accounts for 11%.

In addition to the 4 state-owned banks, the Top 10 banks leading in outstanding loans in the first 6 months of the year include: Military Bank (MB) VND 636,661 billion, up 10.17% compared to the end of 2023, accounting for 5.16% of the market share; Techcombank VND 567,389 billion, up 13%, accounting for 4.6% of the market share; VPBank VND 552,225 billion, up 11.24%, accounting for 4.48% of the market share; ACB VND 540,813 billion, up 12.37%, accounting for 4.39% of the market share; Sacombank VND 505,136 billion, up 7.05%, accounting for 4.1% of the market share; and SHB VND 447,012 billion, up 5.25%, accounting for 3.63% of the market share.

Although ranked 12th in the order of largest lending banks, LPBank achieved the strongest credit growth in the first 6 months of the year. LPBank's outstanding loans as of June 30 were VND317,394 billion, up 15.23% compared to December 31, 2023.

A small-scale bank that unexpectedly achieved credit growth of over 15% is NCB with customer loans reaching 64,198 billion VND, credit growth reaching 15.99%.

Some banks achieved credit growth of over 10% in the first 6 months of the year, including: HDBank 12.8%; MSB 12.56%; Nam A Bank 10.69%; VietBank 10.21%; and KienLong Bank 10.02%.

On the contrary, ABBank was the only bank to achieve negative credit growth in the first 6 months of the year with a decrease of 7.2%. This bank's customer loans as of June 30 only reached VND91,037 billion.

In terms of absolute numbers, Saigonbank and PGBank are the two banks ranked last in terms of outstanding loans, reaching VND20,319 billion (up 1.76%) and VND36,702 billion (up 3.8%), respectively.