What will bank employees' income be in the second quarter of 2025?

One of the banks with the best income for employees is MB Bank. According to the consolidated report, MB and its subsidiaries had a total of 18,808 employees at the end of June. The bank spent VND5,587 billion on personnel costs in the first half of the year, an increase of 21% over the same period last year. The average income for the first 6 months of the year for bank employees (including subsidiaries) was about VND49.5 million/person/month.

Regarding business performance, MB's Q2/2025 financial report recorded consolidated pre-tax profit of VND7,503 billion, down 2% year-on-year. After deducting corporate income tax, the bank recorded net profit of VND6,005 billion, down 2%.

Also having a high employee income level, the average income of Techcombank employees in the first half of this year was 43 million VND/person/month. As of June 30, 2025, Techcombank recorded 11,306 employees, an increase of nearly 8.1% over the same period last year. During the period, the Bank reduced salary costs and related costs for employees by 5%.

Asia Commercial Joint Stock Bank (ACB ) has just announced its financial report for the second quarter of 2025. At the end of June, ACB had 13,006 employees, a decrease of 284 people compared to the beginning of the year. The average number of employees working in the bank in the first 6 months was 13,311 people. In which, this bank also agreed to spend a total of 3,291 billion VND to pay income to employees. In which, the average salary for each ACB employee in the first 6 months of the year was 86 million and the average income was 247 million VND.

Many banks' staff increased significantly in the second quarter of 2025. (Illustration photo)

Thus, in the past 6 months, ACB bank employees received an average income of about 41.1 million VND/person/month. This level has not fluctuated much compared to the same period last year.

According to the financial report for the second quarter of 2025, ACB recorded consolidated pre-tax profit of VND6,093 billion, an increase of 9% over the same period last year.

The second quarter 2025 financial report of Saigon Thuong Tin Commercial Joint Stock Bank ( Sacombank ) recorded a sharp decline in personnel. As of June 30, 2025, Sacombank had 15,900 employees, a decrease of 1,158 people compared to December 31, 2024.

However, total salary and allowance expenses for Sacombank employees increased slightly compared to the same period, at VND3,914 billion.

Specifically, the average income of Sacombank employees (including salary and allowances) in the first half of this year reached 41 million VND/person/month, a sharp increase of 8 million VND/person/month compared to the average income in 2024.

Another bank with an upward trend in employee salaries is VPBank. According to VPBank's separate financial report for the second quarter of 2025, as of the end of June 2025, the total number of employees of VPBank's parent bank was 15,680, an increase of 677 people compared to the end of last year (up 4.5%).

Although the average number of employees increased by only 13.4% compared to the same period last year, the cost of salaries and allowances for VPBank employees increased by nearly 42%. Thanks to that, the average income of this bank's employees in the first 6 months of this year reached 40.85 million VND/person/month (an increase of 23.6% compared to the same period last year).

VIB Bank also reduced 1,244 employees compared to the beginning of the year, equivalent to a 6.6% reduction, bringing the total number of employees to 10,492. This streamlining reflects the bank's strategy of restructuring and optimizing its operating apparatus.

Despite the decrease in the number of employees, the average cost per officer and employee increased significantly. Specifically, the average monthly cost of bank employees increased by 10.5%, from 33.9 million VND to 37.5 million VND. The average monthly income of employees also recorded impressive growth, reaching 35 million VND/person, an increase of more than 13% compared to the same period in 2024.

Regarding business results, VIB reported pre-tax profit in the second quarter of 2025 at VND2,596 billion, up 23.4% over the same period. Accumulated in the first 6 months of the year, pre-tax profit reached VND5,016 billion, up 8.9%, completing nearly 46% of the yearly plan. Non-interest business segment grew strongly by nearly 59%, contributing significantly to profit.

LPBank is one of the banks that has implemented a lot of staff streamlining. At the end of June 2025, LPBank had reduced 367 employees compared to the end of March 2025. Previously, in the first quarter of 2025, the number of LPBank employees had also decreased by 1,619 people. Thus, in the first half of 2025, LPBank had reduced 1,986 people.

Despite the drastic reduction in staff, LPBank has been generous with its spending on employees. According to financial reports, the average monthly income (including managers and leaders) of LPBank is over VND26.9 million, much higher than the average figure of over VND27.1 million in the middle of last year.

KienLongBank reduced salary and allowance costs for employees by more than 10%, causing total employee income to decrease to VND23 million/person/month in the first 6 months of the year, instead of VND25 million in the same period last year.

Meanwhile, PGBank also recorded a slight increase in staff (an increase of 127 people) compared to the same period last year, while the average income of staff increased to 26.7 million VND/person/month (an increase of 8.8% compared to the same period last year).

It can be seen that in the first 6 months of 2025, many banks, despite making profits, still laid off a lot of people. Mr. Luu Danh Duc, Deputy General Director of LPBank, said that the reason LPBank cut staff sharply in the first half of this year was because the bank had reorganized and streamlined its apparatus from 18 blocks to 8 blocks. The wishes of bank owners are extremely large, the investment capital is also not small, but recruiting high-level technology personnel is not easy. The reason is that the labor market lacks workers who are both highly skilled in technology and knowledgeable in the fields of finance and banking.

Commenting on the labor market in the banking industry in the coming time, Mr. Phan Duc Trung, Chairman of the Vietnam Blockchain Association, said that up to 60% of banking human resources will need to be retrained in the next 5 years. This shows that banking human resources are facing great opportunities, but also great challenges.