Techcombank 3M25 Analyst Presentation

1Q25 TECHCOMBANK RESULTS: Stabilization in core activities, sustaining long-term growth trajectory

“Techcombank’s 1Q25 performance means we remain on course to achieve management’s full-year guidance, despite increasing macroeconomic uncertainty. Profit before tax was VND 7.2 trillion, the second highest 1Q level in the Bank’s 32-year history, reaffirming our long-term growth trajectory. We continued to expand our credit book by c.4%, while our net interest margin and non-performing loans remained stable. We saw positive impacts on our retail CASA balance from the continued roll-out of Auto-earning 2.0, giving us momentum for 2Q25.

While the prospect of US tariffs has created heightened uncertainty in the global economy, this also presents an opportunity for Vietnam to accelerate investments in technology, diversify exports and boost domestic consumption. Against this changing economic landscape, the investments we have made in data, digital and talent, the resilience of our business model shown through market cycles, and the strength of our balance sheet mean we are ready to play a leading role in Vietnam’s ‘New Era of Growth’.” - Jens Lottner – Techcombank CEO