Silver Point

Thomas J. Monaco

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Equity Bottom-Up

* With almost no end in sight to the growth of net new NPLs (doubling every year), and capital requirements under Basel II being extremely difficult to attain without prospects of capital raise or shrinking their balance sheets, commercial banks are set to continue to struggle; and * Techcombank is Vietnam's largest joint stock bank by operating income and profit before tax, and offers 40% NPAT CAGR between 2017-2020. It is the leader in mortgage, bancassurance, credit cards, and investment…

* With almost no end in sight to the growth of net new NPLs (doubling every year), and capital requirements under Basel II being extremely difficult to attain without prospects of capital raise or shrinking their balance sheets, commercial banks are set to continue to struggle; and * Techcombank is Vietnam's largest joint stock bank by operating income and profit before tax, and offers 40% NPAT CAGR between 2017-2020. It is the leader in mortgage, bancassurance, credit cards, and investment…

Techcombank - Best House In a Bad Neighborhood

Vietnam

The Vietnam Stock Index or VN-Index is a capitalization-weighted index of all the companies listed on the Ho Chi Minh City Stock Exchange. The index was created with a base index value of 100 as of July 28, 2000. Prior to March 1, 2002, the market only traded on alternate days.

Vietnam VNIndex (VNINDEX INDEX)

Techcombank - Best House In a Bad Neighborhood

* With almost no end in sight to the growth of net new NPLs (doubling every year), and capital requirements under Basel II being extremely...

Thomas J. Monaco