As per statistics from the State Bank of Vietnam (SBV), till the end of
August, the total assets of the whole banking system reached more than 5,030 trillion
dong, rising 1.42 percent from the end of 2011 and keeping constant growth in
the past five months.
The total chartered capital of
the entire banking system reached over 386.6 trillion dong, rising 9.69 percent
over the end of 2011 and virtually remaining unchanged in the past four months.
The return on assets (ROA) and
return on equity (ROE) after declining in May surged again in June, July and
August, at 0.39 percent and 4.14 percent as of August 30.
Amongst five types of credit
institutions, the group of commercial joint stock banks (accounting for the
biggest proportion) continued to see declines in asset. As of August 30, the
total assets of this group reached nearly 2,225 trillion dong, down 1.66
percent from the end of 2011 and slightly down from the end of July.
The group of state-owned
commercial banks (including Vietnam Commercial Joint Stock Bank for Foreign
Trade-Vietcombank and Vietnam Commercial JS Bank of Industry and
Trade-VietinBank) posted total assets of more than 2,075 trillion dong as of
August 30, rising 5.37 percent from the end of 2011 and continuously being
improved in the past five months.
Regarding chartered capital, the
group of state-owned commercial banks posted the strongest growth with nearly
111.4 trillion dong as of the end of August, rising 27.87 percent from the end
of 2011 and remaining unchanged during the past four months.
The group of commercial joint
stock banks posted total chartered capital of 172.7 trillion dong as of August
30, up 5.17 percent from the end of 2011 and virtually remaining unchanged in
the past three months.
The capital adequacy ratio (CAR)
of the whole banking system continued to be kept at above 14%, higher than the
prescribed level of the central bank at 9%.
The ROA and ROE of the central
credit fund group continued to be at the highest level in the whole system, at
1.68 percent and 8.41%, however, this group accounted for the smallest
proportion in terms of total assets, and followed by the group of joint venture
banks, foreign banks, state-owned banks and commercial JS banks. The group of
finance companies and financial leasing companies posted the ROA and ROE at
0.09 percent and 1.21%.
As of June 15, 2012, the banking
system included five state-owned commercial banks, 35 commercial joint stock
banks, 59 branches of foreign banks, joint venture banks and 100 percent
foreign banks, 30 finance companies and financial leasing companies.
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