NCB reports triple pre-tax profit rise However, the bank’s handsome profit did not come from its net interest income, which dropped by 12% over 2017. By December 31 last year, NCB’s total assets had reached more than VND72.4 trillion, a slight increase of 0.8% versus early last year. Of which, loans increased 11.1% to hit VND35.3 trillion, while its deposits and lending at other credit institutions fell 29% to some VND6.7 trillion. The bank mobilized nearly VND 47.1 trillion from depositors last year, up 3.1% against 2017. NCB’s impressive business results prove its efforts in restructuring and diversifying its services. Its service fees and net revenue from services grew by a staggering 40%. The bank’s bad debt ratio was 1.67%. The impressive business results have boosted customers’ confidence in the bank. Last year, NCB won multiple awards, including the Vietnam excellent brand award from Vietnam Economic Times for the fourth consecutive year, the bank with the best working environment in Vietnam and the bank with corporate social responsibility from Global Business Outlook Magazine. NCB was also listed in the top 50 Vietnamese brands and 500 largest enterprises in Vietnam in 2018. A representative of NCB said the bank would continue diversifying its services, and developing its ecosystem and digital banking services this year.