External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

Vietnam Joint Stock Commercial Bank For Industry and Trade / Equity Bottom-Up

Vietnam Joint Stock Commercial Bank For Industry and Trade (CTG VN)

Vietnam Joint Stock Commercial Bank For Industry and Trade

<ul><li>In 4Q24, the total assets of VietinBank (CTG) expanded by 17.4% YoY and 7% QoQ, surpassing VND2,385tr.</li><li>After lagging the broader sector in 2023, credit growth rebounded strongly in 2024, rising 16.9%, outpacing the industry’s 15.1% increase.</li><li>Key credit disbursement was directed toward FDI enterprises (+25.1% YoY) and retail customers (+22.1% YoY), positioning CTG as one of the few commercial banks that was able to expand its retail banking share in 2024, up 2.1%p YoY to 39.4% by year-end 2024.</li></ul><div class="content-highlight"><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></div>

In 4Q24, the total assets of VietinBank (CTG) expanded by 17.4% YoY and 7% QoQ, surpassing VND2,385tr.After lagging the broader sector in 2023, credit growth rebounded strongly in 2024, rising 16.9%, outpacing the industry’s 15.1% increase.Key credit disbursement was directed toward FDI enterprises (+25.1% YoY) and retail customers (+22.1% YoY), positioning CTG as one of the few commercial banks that was able to expand its retail banking share in 2024, up 2.1%p YoY to 39.4% by year-end 2024.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.

Vietnam JSCB for Industry and Trade (CTG VN) - Plodding Along