VIS Rating - Lựa chọn hàng đầu cho xếp hạng tín nhiệm

In 6M2024, the sector’s problem loans ratio remained flat quarter-on-quarter (QoQ) at 2.2%, with the highest asset quality deterioration observed in small banks. Banks’ return on average assets (ROAA) rose slightly to 1.6% in 6M2024 from 1.5% in 2023, driven by stronger corporate credit growth and higher net interest margin (NIM). Several small banks are more vulnerable to liquidity risks due to their higher use of short-term market funds amid sluggish deposit growth. We expect banks’ asset quality and profits will remain stable in 2H2024 amid stronger operating conditions.

Banking Sector - 6M2024 Update