In the first half of 2014, though the world and Vietnam economy achieved some improvements, Vietnam's banking sector faces difficulties and challenges. Since early this year, Techcombank has continued promoting its core business activities, focusing on improving service quality and developing new products tailored to the increasingly diverse needs of individual customers and businesses.

The Bank continues to achieve positive performance in the first 6 months of the year, specifically:  consolidated profit before tax reaches VND 948 billion, up 45.4% compared to the same period last year, meeting 80% of target profit for 2014. Total assets reach VND 171 trillion, an increase of 7.67% compared to the end of 2013.

Against the end of 2013, deposit growth reaches 3.97% or VND 124,742 billion, credit growth reaches 5.33% or VND 74,021 billion. This encouraging business performance is attributable to the diversification of products and services in an effort to bring increased convenience and service quality to various individual customer segments. Also, the Bank promotes cooperation with partners and business customers to tap and maximize business opportunities in the market, thus bringing about practical benefits given the current difficult economy.

In addition, the Bank continues to take effective measures to control costs, improve operational efficiency and asset quality, and maintain a strong balance sheet. Capital Adequacy Ratio (CAR) as of 30/06/2014 was 13.33%, much higher than the 9% required by the State Bank.

In the second half of 2014, Techcombank will continue focusing on stable and sustainable development, improving the quality of products and services while maintaining and developing effective and robust operation and risk management systems.