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Banks saw profit spike in Q4

Several banks have reported significant profit for last year, with many considering cash dividends to reward shareholders.

Jens lottnerUmb bankChi minh city basedProfit picture

Banks saw mixed 2023

Banks post mixed profit picture for 2023 amid economic vulnerabilities and modest credit growth.

Republic ofKien longKin giangNguyen huu huanKien long bankHo chi minh city university of economicsVietnam investors serviceCredit rating agencyHuu huanFinancial marketsRating agencyProfit picture

Factors affecting bank profit outlook this year

Although the profit picture of most banks was upbeat in the first half of this year, the factors that impact bank performance are forecast to change.

Republic ofUmb bankForecasting departmentVietnam international bankDepartment of taxationBhd bankState bankGeneral departmentInternational bankProfit picture

Banks anticipate upward momentum in 2023

Bank profit is anticipated to be stellar in Q4/2022, with the financial announcement season to take place after the Lunar New Year holiday.

Republic ofNguyen hoai phuongHuynh minh tuanHoai phuongDuc khanhMinh tuanBank tickersEstate lendersProfit picture

Dampening bank profit picture in coming months

Interest rates trending higher and vulnerabilities in the corporate bond and real estate markets are expected to dampen banks profits in the coming time.

Han iRepublic ofMaritime bankProfit pictureInterest rate

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