The State Bank of Vietnam (SBV) has recently announced data on operations of credit institutions till the end of June 2012 whereby as of June 30, 2012, according to which the total assets of Vietnam’s credit institutions posted a rise of 37.266 trillion dong, equalling to a growth of 0.76 percent from the end of April 2012.
Meanwhile, the equity of credit institutions increased by additional 2.731 trillion dong and chartered capital increased by over 12 trillion dong.
Till June 30, 2012, the total assets of state-owned commercial banks increased by additional 43.861 trillion dong, or 22.66 percent versus two months earlier. Similarly, the assets of commercial joint stock banks and central credit fund edged up slightly. Conversely, the assets of joint venture banks and foreign banks saw a fall of up to 6.733 trillion dong, or 12.4 percent against two months earlier.
Regarding chartered capital of credit institutions, as of June 30, 2012, the chartered capital of state-owned commercial banks increased by additional 8.745 trillion dong, or 8.5 percent from the end of April 2012.
Similarly, chartered capital of joint stock commercial banks surged 2.787 trillion dong and that of finance and financial leasing companies increased 500 billion dong.
As of June 30, 2012, the equity of credit institutions reached 416.884 trillion dong, rising 2.731 trillion dong from the end of April 2012.
Considering the minimum capital adequacy ratio (CAR), in general, in comparison with the end of April 2012, credit institutions have not improved the CAR when by June 30, 2012, the ratio was 14.19%, slipping slightly against the ratio of 14.55 percent at the end of April 2012.
Notably, the minimum CAR of finance and financial leasing companies decreased from 11.71 percent at the end of April 2012 to 8.65 percent as of the end of June, 2012.