Tuesday, 11/09/2012 12:55

Nine banks with highest credit index

An annual report on Credit Rating of Vietnam Index 2012 (CRV Index 2012) was announced in Hanoi on September 8 by the Vietnam Chamber of Commerce and Industry (VCCI) and the CRV Company.

 


Accordingly, nine out of 32 banks are rated class A, 9 (class B), 11 (class C) and 3 (class D).

Group A includes Techcombank, Vietcombank, VietinBank, ACB, BIDV, DongA Bank, Eximbank, MB and Sacombank.

Group B consists of BacA Bank, HDBank, Maritime Bank, OCB, Saigonbank, Southern Bank, PG Bank, VIB and VietABank.

Group C comprises ABBank, Baoviet Bank, DaiABank, Habubank, Kienlong Bank, MHB, NamABank, Vavibank, OceanBank, SHB and VPBank.

Group D involves MDB, VietBank and Western Bank.

The rating is based on their annual financial reports which have been audited and reported at the shareholders’ meeting. Three criteria for the rating are market strength, business performance efficiency and financial capacity.

The report and rating results are related to 32 banks only while other members such as SCB, TienPhong Bank, LienVietPostBank, TrustBank, GP Bank are not listed because they lack part or whole necessary information for rating.

vov

Other News

>   Vietnam has no perfect legal framework for bank M&A (11/09/2012)

>   Bank-business dialogue comes to deadlock, businesses at the stake (11/09/2012)

>   Banks start lending again to property sector (10/09/2012)

>   Banks receive credit report cards (10/09/2012)

>   ADB lends $40m for micro-finance (08/09/2012)

>   No IMF loan to solve bad debt (08/09/2012)

>   Banks take stock in lieu of payment from debtors (08/09/2012)

>   Despite a minus credit growth rate, banks still pocket trillions of dong (07/09/2012)

>   SBV lifts ceiling credit growth rate, but loans remain unreachable (07/09/2012)

>   Tax audits focus on transfer pricing (07/09/2012)

Online Services
iDragon
Place Order

Là giải pháp giao dịch chứng khoán với nhiều tính năng ưu việt và tinh xảo trên nền công nghệ kỹ thuật cao; giao diện thân thiện, dễ sử dụng trên các thiết bị có kết nối Internet...
User manual
Updated version