Vietnam JSCB for Industry and Trade (CTG VN/Trading Buy) - A Slight Setback
By end-1Q24, the total assets of VietinBank (CTG) reached VND2,078tr (+2.2% YTD), with credit growth of around 2.7% (higher than the sector’s...
176 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...
131 Views
Forecast VNDiamond Index Review in 4Q24 - Sep 26, 2024
On October 21, the Ho Chi Minh City Stock Exchange (HSX) will release the changes to the constituent stocks and calculation factors for VNDiamond...
151 Views
Banking Sector - 1H24 Update and Outlook - So far, so good
According to the State Bank of Vietnam (SBV), as of June 30, credit growth reached 6% YTD, achieving the mid-year target of 5–6% for 1H24 set by...
184 Views
Banking Sector - 1Q24 Update and Outlook - Acceptable Shortfall
The subdued credit growth in 1Q24 reflects broader economic trends, indicating one of the lowest levels in nearly a decade, with a YTD increase of...
182 Views