The total value of mortgaged and pledged real estate assets at the “Big 4” banks reached nearly 11 quadrillion VND, showing strong growth over the past year. Among them, Agribank holds the largest share.

State-owned banks have recently simultaneously published their audited 2025 financial reports.

Beyond business performance figures, the reports also provide detailed explanations of the volume of pledged and mortgaged assets held by the banks for customer loans.

Real Estate Constitutes the Dominant Share

According to the consolidated financial report, Vietnam Bank for Agriculture and Rural Development (Agribank) recorded a continued strong increase in the scale of collateral assets in 2025. By year-end, the total value of customer mortgages, pledges, discounts, and rediscounts exceeded 3.79 quadrillion VND, an increase of nearly 19% compared to the beginning of the year.

In the structure, real estate still held the dominant share with a mortgage value of over 3.37 quadrillion VND, an increase of over 15% after one year. The remainder consisted of movable assets, valuable papers, and other types of collateral.

Regarding credit activities, by the end of 2025, Agribank’s total outstanding customer loans reached over 1.97 quadrillion VND, an increase of nearly 14.7% compared to the start of the year.

Meanwhile, customer deposits reached over 2.15 quadrillion VND, up 12.6%, which is lower than the credit growth rate.

Thanks to positive credit growth, Agribank’s net interest income for the whole of 2025 reached over 70,616 billion VND, up 6% from the previous year. Post-tax profit reached 24,954 billion VND, an increase of 13%.

Agribank is the bank with the largest volume of real estate collateral.

At Joint Stock Commercial Bank for Foreign Trade of Vietnam – Vietcombank (VCB), the audited 2025 financial report recorded that the bank’s total outstanding customer loans reached over 1.67 quadrillion VND, an increase of 15.5% compared to 2024.

Concurrently, the total value of collateral assets held by Vietcombank for loans rose to nearly 2.64 quadrillion VND, an increase of approximately 11% compared to the end of 2024. Thus, the ratio of collateral to total outstanding loans was maintained at 158%.

Notably, real estate continued to hold an overwhelming share in the mortgage asset structure, with a value of over 1.89 quadrillion VND, equivalent to nearly 72% of the total collateral value, an increase of nearly 9.4% compared to the start of the year.

The remainder included pledged deposits of over 298,369 billion VND, valuable papers worth over 55,115 billion VND, along with other types of assets.

On the funding side, customer deposits at Vietcombank still recorded growth of over 10%, reaching over 1.67 quadrillion VND.

Regarding business results, Vietcombank continued to maintain its leading position in profitability across the banking sector in 2025. For the full year, net interest income reached 58,771 billion VND, up 6% from the previous year; post-tax profit reached 35,197 billion VND, an increase of 4%.

What is the Situation with Mortgaged Real Estate at BIDV and Vietinbank?

The volume of mortgaged and pledged assets at Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) was also large, reaching over 3.71 quadrillion VND at the end of 2025, an increase of 12% compared to the start of the year.

Within this, mortgaged real estate assets accounted for over 2.6 quadrillion VND, an increase of over 10% after one year.

The report also stated that BIDV’s outstanding customer loans increased by nearly

Vietnam Bank for Agriculture and Rural Development (Agribank)

The Vietnam Bank for Agriculture and Rural Development (Agribank) is a major state-owned commercial bank in Vietnam, established in 1988 to provide financial services specifically to the agricultural sector and rural development. It plays a crucial role in implementing government policies for rural credit, poverty reduction, and modernizing the country’s agricultural economy.

Joint Stock Commercial Bank for Foreign Trade of Vietnam – Vietcombank (VCB)

Vietcombank, officially the Joint Stock Commercial Bank for Foreign Trade of Vietnam, is one of the country’s “Big Four” state-owned banks and a leading financial institution. It was established in 1963 to manage Vietnam’s foreign exchange and international trade transactions, playing a pivotal role in the nation’s economic development and international integration. Today, it is renowned for its extensive network, modern banking services, and as a symbol of Vietnam’s growing financial sector.

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)

The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is one of Vietnam’s largest state-owned commercial banks, founded on April 26, 1957. Originally established to provide financial services for national reconstruction and development projects, it has played a pivotal role in the country’s economic growth and industrialization. Today, BIDV operates as a major universal bank with a comprehensive network across Vietnam and a growing international presence.

Vietinbank

Vietinbank, officially the Vietnam Joint Stock Commercial Bank for Industry and Trade, is one of the largest state-owned commercial banks in Vietnam. It was originally established in 1988 as the Industrial and Commercial Bank of Vietnam, evolving from the state banking system to support the country’s key economic sectors. Today, it is a major financial institution playing a central role in Vietnam’s economic development and modernization.