Banking Sector Comment - June 2024
Topic · Sector Comment · 17/06/2024
Source: VIS Rating
Research Sector Comment Banking

Banking Sector Comment - June 2024

Banks will require VND283 trillion of subordinated bonds over the next three years to support funding and capital needs

KH
Ratings & Research Department
17/06/2024
PDF · 2.3 MB

Over the last 5 years, Vietnamese banks have increased their reliance on market funds to supplement long-term funding and capital requirements for business growth amid sluggish deposit growth. As credit growth picks up over the next 1-3 years, banks will need over VND283 trillion of new subordinated (tier 2) bonds to supplement their internal capital generation and maintain stable capitalization.

Share article
Download full PDF

Contacts

Phan Duy Hưng, CFA, MBA

Phan Duy Hung, CFA, MBA

Senior Director - Head of Financial Institutions Ratings & Research
Nguyễn Đức Huy, CFA

Nguyen Duc Huy, CFA

Sector Lead Analyst
Simon Chen, CFA

Simon Chen, CFA

Head of Ratings & Research

Schedule an interview with our experts

Contact us for media partnership requests and interviews with VIS Rating experts.

Explore our events

We host webinars and in-person events covering key credit topics, industry developments, and risks in Vietnam’s capital markets.

Learn more