Vietnam’s banking industry 2020
by Ngoc Han Ngoc han
MBKE has raised its assessment for the banking industry in 2020 from neutral to positive, based on 3 factors: The regulations of the State Bank; Profitability on assets and Valuation.
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Review on Vietnam’s banking industry 2020
Three securities companies including MB Securities (MBS), Viet Dragon Securities Corporation (VDSC) and Maybank Kim Eng (MBKE) all believed that the banking industry in 2020 will still grow positively despite the stricter legal regulations. In particular, the macro situation is currently very stable, helping Vietnamese banks grow interest and fee income, and maintain asset quality, thanks to which banks do not have to increase provisioning.Related to Vietnam’s banking industry 2020
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Created on Feb 4th 2020 02:17. Viewed 485 times.
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