QNB retains title of Qatar’s most valuable, strongest brand
08 Mar 2021 - 9:17
The Peninsula
Doha: QNB has retained the title of Qatar’s most valuable and strongest brand, according to the latest report by Brand Finance – the world’s leading brand valuation consultancy. QNB’s brand value has increased to $6.1bn, widening its lead over second-placed Ooredoo even further. QNB has also broken into the top 50 most valuable banks in the world, according to the Brand Finance Banking 500 2021 ranking, and is the most valuable banking brand across the MENA region.
Apart from calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. According to these criteria, QNB is also Qatar’s strongest brand with a Brand Strength Index (BSI) score of 81.7 out of 100 and a corresponding AAA- brand strength rating.
JP Morgan, May Bank selected TCB share as the top pick among Vietnamâs listed banks 19:37 | 02/03/2021
JP Morgan, May Bank selected TCB share as the top pick among Vietnamâs listed banks
In a report, JP Morgan has stated that Vietnamese banks offer the best combination of growth and Return on Equity (ROE) in ASEAN. High nominal GDP growth and resilience in the last 12 months provide visibility on credit and earnings growth over the next few years.
In particular, JP Morgan has reiterated its âoverweightâ rating on Techcombank â Vietnamâs leading commercial lender â with an upbeat outlook on the bankâs performance. The target price for the bankâs share is VND55,000 ($2.4) per share as of December 2021, calculated via JP Morganâs two-stage dividend discount model.
Wednesday, 09:15, 24/02/2021
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has jumped 37 spots to enter the Brand Finance’s top 250 in rankings of the world’s most valuable banks in 2021.
According to the Brand Finance Banking 500 2021 ranking, VPBank ranked 243rd in banking brand value this year.
Its brand value grew 41% to US$502 million this year from US$354 million in 2019. It also represents a nine-fold increase against 2016 when the bank’s brand value was first evaluated at US$56 million.
The 2021 ranking was calculated based on a brand’s market share, growth rate, property size, financial capacity, operating efficiency and prestige, said Lai Tien Manh from Brand Finance Vietnam.
Nine Vietnamese banks increase global brand finance ranking vir.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vir.com.vn Daily Mail and Mail on Sunday newspapers.
Tough economic conditions have seen the brand value of the world’s banks decrease for the second year in a row, according to the latest report by consultancy firm Brand Finance. The annual report found that nearly two-thirds of the world’s 500 most valuable banking brands have recorded brand value losses in the last 12 months. The Brand Finance Banking 500 recorded an increase