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Equity Bottom-Up

Vietnam Prosperity  Bank / Equity Bottom-Up

<ul><li>The parent bank has utilized the majority of its granting quota to make a 7.1% credit growth.</li><li>Meanwhile, consolidated figures recorded a 5% YTD credit growth, dragged down by its subsidiaries.</li><li>Consolidated NIM also narrowed down to 6.5% (-100 bps Qoq), resulting in a fall of NII by 3% YoY or 7.3% QoQ.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The parent bank has utilized the majority of its granting quota to make a 7.1% credit growth.Meanwhile, consolidated figures recorded a 5% YTD credit growth, dragged down by its subsidiaries.Consolidated NIM also narrowed down to 6.5% (-100 bps Qoq), resulting in a fall of NII by 3% YoY or 7.3% QoQ.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

VPB - Capital injection lays down the foundation for growth phase