FIINRESEARCH: Latest Vietnam Banking Report 2020

07 September 2020 - 07:11 PM Alternate Text

The pandemic has disrupted global trade and supply chains leading to deterioration in corporate earnings and individual income, which eventually weakens credit demand and asset quality of the banking sector in Vietnam. How banking and non-bank sectors are navigated though the COVID-19 pandemic?

In this Banking Report 2020, we provide in-depth analysis of the impact of COVID-19 on every aspect of the banking sector and individual banks, including credit growth, asset quality, earning quality, liquidity, profitability, and operation efficiency. Development trends and regulations in response to the pandemic are also covered.

  • Credit growth inched up by only 3.45% in the first 7 months
  • Asset quality of banks appears to be distorted in 1H2020
  • Banks’ earning quality diminished amidst the increasing prevalence of COVID-19
  • Liquidity remained abundant due to slow credit growth
  • Various policy measures have been implemented to counter the effects of the pandemic
  • COVID-19 has offered an opportunity for Vietnam banking sector to promote digitalization

vietnambankingreport

Find out on our LATEST VIETNAM BANKING REPORT 2020 here.

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