Vietnam's four largest state-owned commercial banks accounted for 51.5% of total customer deposits among 28 commercial banks, with combined deposits reaching VND8.12 quadrillion (approximately US$309.7 billion) as of June 30, up 3.8% from the end of 2025.

Twenty-eight commercial banks have released their financial statements for the second quarter of 2026. Data from their standalone financial reports show that total customer deposits reached VND15.746 quadrillion (US$600.6 billion) as of June 30, 2026, up 5.38% from the end of 2025, as deposit interest rates continued to rise during the first half of the year.

A VietNamNet review found that four banks reported declines in customer deposits compared with the end of last year: ACB fell 1.52%, Bac A Bank declined 5.43%, Eximbank dropped 3.79% and Saigonbank decreased 4.15%.

Among the remaining 24 banks, HDBank posted the strongest deposit growth, with customer deposits rising 20.29%. The bank also recorded the largest increase in absolute terms, adding nearly VND114 trillion (US$4.35 billion) in customer deposits.

Other banks reporting deposit growth of more than 10% during the first half of the year included VPBank, up 16%; BVBank, up 14%; NCB, up 13.46%; and Nam A Bank, up 13%.

In terms of absolute growth, besides HDBank's increase of nearly VND114 trillion, Agribank and VPBank were the only other lenders to add more than VND100 trillion (US$3.81 billion) in customer deposits.

VPBank's customer deposits increased by VND100 trillion to VND731.724 trillion (US$27.9 billion), while Agribank added more than VND107 trillion to reach VND2.26 quadrillion (US$86.5 billion).

With customer deposits reaching a new record of VND2.26 quadrillion as of June 30, Agribank remained the country's largest bank by customer deposits, marking the second consecutive quarter that it has held the top position ahead of BIDV.

BIDV ranked second with VND2.23 quadrillion (US$85.3 billion) in customer deposits during the first half of the year, up nearly VND41 trillion (1.86%) from the end of 2025.

The remaining two members of the Big Four retained third and fourth positions. VietinBank reported customer deposits of VND1.88 quadrillion (US$72.0 billion), up more than VND95 trillion (5.31%), while Vietcombank recorded VND1.73 quadrillion (US$66.1 billion), an increase of more than VND55 trillion (3.32%).

Together, the four state-owned banking giants accounted for 51.5% of total customer deposits among the 28 banks surveyed, with combined deposits reaching VND8.12 quadrillion (US$309.7 billion) as of June 30, representing year-to-date growth of 3.8%.

The 10 banks with the largest customer deposit balances were Agribank, BIDV, VietinBank, Vietcombank, MB, VPBank, HDBank, Techcombank, Sacombank and SHB. All 10 lenders recorded growth in customer deposits during the first six months of the year.

At the lower end of the ranking, four banks reported customer deposits below VND100 trillion (US$3.81 billion) as of June 30. BVBank held more than VND81 trillion (US$3.1 billion), up 14%; Kienlong Bank had more than VND74 trillion (US$2.8 billion), up 2.68%; PGBank reported VND50 trillion (US$1.9 billion), up 2.59%; while Saigonbank held VND26 trillion (US$992 million), down 4.15%.

The statistics do not include BaoViet Bank and PVcomBank, as neither lender had released its quarterly financial statements at the time of compilation.

Customer deposits at 28 commercial banks as of June 30, 2026:

Tuan Nguyen