Kienlongbank has just reported consolidated pre-tax profit in 2024 reaching 1,112 billion VND, an increase of 55% compared to 2023. Profit in the fourth quarter of 2024 was 351 billion VND, 4.4 times higher than the same period.

By the end of the fourth quarter of 2024, KienlongBank's total assets reached VND92,176 billion, up 6% over the previous year. Total capital mobilization reached VND82,906 billion, up 9.2%. Outstanding credit reached VND61,431 billion, up 16.8%.

As of December 31, 2024, KienlongBank recorded a bad debt ratio of 1.91%. In 2024, the bank said it has focused on boosting capital sources for key products including expanding rice farming loans in the Mekong Delta and lending products linked to Women's Union members, farmers...

By the end of 2024, the Bank's bad debt coverage ratio will reach 80%.

The State Bank has just announced the conclusion of the Banking Inspection and Supervision Agency regarding this bank.

According to the inspection conclusion, this bank still has problems implementing regulations on credit scoring and customer ranking.

In terms of credit granting to large customer groups, this bank has a high level of credit concentration.

According to the list of shareholders owning 1% of charter capital announced by the bank in August 2024, 21 shareholders (including 16 individuals and 5 businesses) currently own 70% of charter capital.

Among the 16 individuals, Ms. Tran Thi Thu Hang holds 4.72% of capital.

In addition to 16 individuals holding 60% of the capital, there are 5 enterprises holding about 10% of the capital. Of which, Dong Tam Joint Stock Company holds 1.82%, Long An Industrial Park Joint Stock Company owns 2.41% of the bank's capital. Vinamico Khanh Hoa Joint Stock Company holds 2.43% of the capital.