Banking Sector - 1H22 Update & Outlook
Credit momentum should slow progressively in 3Q22: Due to high funding demand from both corporate and retail customers, credit growth in 1H22...
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Asia Commercial Joint Stock Bank (ACB VN/Trading Buy)
[Vietnam] Banking July 15, 2022 (Downgrade) Upside: +13.8%
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Asia Commercial Bank (ACB VN/Buy)
Asset quality indicators remained healthy, with NPL of 0.68% (+9bps YTD; -23bps QoQ) and loan loss coverage of 207.7% (+47%p YTD; +87%p QoQ).
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Vietnam Banking Industry 2021 Outlook: Challenges Ahead
Another rate cut could come in handy: In order to mitigate the effects of the pandemic, the State Bank of Vietnam (SBV) has conducted three central...
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Asia Commercial Bank (ACB VN / BUY) Robust profitability
Stronger-thanexpected net fee and commission income (+68.7% YoY; ~29% of our full-year projection) was boosted by bancassurance income.
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