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...
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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,...
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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...
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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...
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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...
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