ENTITY
Vietcombank

Vietcombank (VCB VN)

109
Analysis
Financials • Vietnam
Joint Stock Commercial Bank for Foreign Trade of Vietnam, known as Vietcombank, is a major commercial bank in Vietnam offering a wide range of products and services, including traditional banking activities like capital management, credit provision, and project financing, as well as modern services such as foreign exchange, derivatives, card services, and digital banking. It accepts deposits from organizations and individuals, provides various loans, and offers investment and savings insurance. The company is headquartered in Hanoi, Vietnam, and was founded on April 1, 1963.
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•29 Nov 2023 19:59•Broker

Banking Sector - 9M23 Update and Outlook - Overcoming adversity

Credit growth in 9M23 lagged significantly behind annual target set by State Bank of Vietnam (SBV): By end-3Q23, credit growth for the year stood...

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•29 Aug 2023 09:18•Broker

Banking Sector - 1H23 Update and Outlook - An Essential Deceleration

Credit growth in 1H23 slightly behind full-year target: By end-2Q23, credit growth was low, at 4.7% YTD, which is far behind the annual plan from...

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•28 Jun 2023 07:59•Broker

Banking Sector - 1Q23 update and outlook - Return of dovish policies

By end-1Q23, credit growth was low, at 2.1% YTD. This was the second lowest rate since that of 2015, when the domestic banking sector began to...

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•03 Mar 2023 08:02•Broker

Banking Sector - 2022 Update and Outlook - Aftermath of cheap money cycle and real estate boom

By the end of 4Q22, credit growth reached 14.5%, the highest since 2018. Credit growth was lower than expected, in light of the high credit growth...

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•10 Sep 2022 08:47•Broker

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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