Total assets of Vietnam’s credit institutions as of June 30 fell by 0.85 percent from the beginning of the year numbers, local news provider Gafin reported citing The State Bank of Vietnam (SBV), the country’s central bank, data.
Of the figure, total assets of commercial joint stock banks were VND2,210.4 trillion, down 2.29 percent from early this year while state-commercial banks (including Vietnam Joint Stock Commercial Bank for Industry and Trade or Vietinbank (CTG) and Joint Stock Commercial Bank for Foreign Trade of Vietnam or Vietcombank (VCB)) were VND1,979.2 trillion, up 0.48 percent.
Total equity (including charter capital, provisions, retained profit…) of the whole banking system as of June 30, 2012 was VND416.9 trillion, up 6.64 percent from early this year, however, the figure fell from those as of April 30 and May 31 due to equity of financial companies and financial leasing companies fell by 19.52 percent.
Charter capital of the whole banking system as of June 30 was VND384.9 trillion, up 8.7 percent from early this year, improving from previous 2 months. Credit institutions raised VND12 trillion charter capital in April and May, of which state-commercial banks raised VND8.7 trillion.
ROA and ROE of the banking system as of June 30 was 0.39 percent and 3.96 percent, respectively, CAR was 14.19 percent, higher the requested standard of 9 percent,
However, the loan-to-deposit ratio (LTD) was high at 90.97 percent versus regulated rate of 80 percent, mostly due to high lending rate by state-commercial banks at 102.51 percent.