HDBank - Strong NII Growth to Outweigh Pressure on Credit Costs
We increase our target price (TP) by 4% to VND29,000/share, but downgrade our rating for HDB from BUY to OUTPERFORM as the share price has...
322 Views
HDBank (HDB VN) - Strong NII Growth to Outweigh Pressure on Credit Costs
We increase our target price (TP) by 4% to VND29,000/share, but downgrade our rating for HDB from BUY to OUTPERFORM as the share price has...
191 Views
Ho Chi Minh City Development JSCB - Stay the Course
In 1Q24, HCM City Development JSCB (HDB) experienced no growth in total assets but saw changes in asset composition. The bank's total assets stood...
267 Views
Banking Sector - 9M24 Update and Outlook - Letting the Recovery Simmer
Credit growth in 3Q24 remained steady: According to the State Bank of Vietnam (SBV), credit growth reached approximately 9% YTD as of end-3Q24,...
136 Views
Q3 2024 Banking Earnings Wrap-Up - Resilient Earnings Growth Despite NIM Contraction
Though QoQ credit growth slowed down in Q3 2024, 9M system-wide credit growth of 9% was encouraging. Banks under our coverage reported higher...
134 Views