Sign up | Log in



Home  >>   Daily News  >>Vietnam>>Economy>> Banks’ equity up, assets down
NEWS UPDATES Asean Affairs    4  May  2016  

Banks’ equity up, assets down

Vietnam:The combined equity of all lenders in the domestic banking system reached nearly VND580.3 trillion (US$25.8 billion) ending January, an increase of VND2.3 trillion over the end of 2015.

Thoi bao Ngan hang (The Banking Times) reported the figures, citing the latest data of the State Bank of Viet Nam (SBV).

The increase was mainly thanks to joint ventures and foreign banks, whose equity rose by VND2.5 trillion at VNĐ119.7 trillion, and State-run commercial banks, whose equity expanded by VNĐ1 trillion at VNĐ204.3 trillion.

While the equity of joint stock commercial banks was down VNĐ1.6 trillion at VND234.8 trillion, the equity of financial companies and finance lease firms was up VNĐ225 billion at roughly VNĐ18 trillion, and that of the Co-operative Bank of Việt Nam rose by VND106 billion at VND3.6 trillion.

However, total assets of the lenders touched nearly VND7.3 quadrillion on January 31, 2016, a decrease of VND32.3 trillion over the end of 2015.

The decrease was due to the decline in the assets of State-run commercial banks and joint stock commercial banks, the two groups of lenders that have the largest asset values in the banking system.

In January, State-run commercial banks saw a decline of one per cent in total assets, and joint stock commercial banks witnessed a fall of 0.17 per cent.

Joint venture and foreign banks registered a 0.33 per cent rise in total assets, and financial companies and finance lease firms posted an increase of 2.71 per cent.

The rises in total assets were 2.47 per cent for the Co-operative Bank of Viet Nam, 0.48 per cent for the People’s Credit Fund, and 0.05 per cent for the Viet Nam Bank for Social Policies.

At the end of January, the capital adequacy ratio (CAR) of the banking system reached 12.86 per cent, down slightly from the 13 per cent recorded at the end of 2015, but significantly higher than the secure level of 9 per cent stipulated by the SBV.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           May 4, 2016 Subsribe Now !
• Banking still on a growth path Subcribe: Asean Affairs Global Magazine
• Chinese investors to enjoy special service at BKPM
• Banks’ equity up, assets down
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

Millions of SIM cards still missing ID
Penang property developer seeks Brunei investors for luxury condos
Asean Analysis                   April 29, 2016
• Asean Analysis April 29, 2016
The Overlooked Gap in the Southeast Asia Maritime Security Initiative
Advertise Your Brand

Asean Stock Watch  May 3, 2016
• Asean Stock Watch-May 3, 2016
The Biweekly Update
• The Biweekly Update April 29, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand