SUMMARY
 
The domestic economic situation continued to reveal many difficulties: Exports dropped sharply due to weak demand from the world market; leading to negative growth in the manufacturing sector, many businesses had to cut capacity, and working hours and lay off workers on a large scale. Real estate businesses are still in a state of liquidity stress; waiting for the project's legal problems to be resolved; and/or liquidating projects/assets, downsizing,...
 
In Q1/2023, banks continue to increase their equity and improve tier 1 capital. The increase in equity is still mainly from retained earnings of banks. On-balance sheet non-performing loans & NPL ratio continued to increase rapidly. Specifically, the total non-performing loans of 29 commercial banks increased by VND34 trillion (+20.6% Ytd) in Q1. According to Vietdata's estimate, if VAMC and SCB's non-performing loans is included, the NPL ratio of the whole system could be over 3.04%.
 
TABLE OF CONTENTS
 
A. MACROECONOMICS & CREDIT SYSTEM
     Macroeconomic overview
     Credit system overview
     Bond market overview
     Insurance market overview
 
B. OVERVIEW OF BUSINESS SITUATION OF BANKS
 
C. COMPARISON PER BANK'S BUSINESS SITUATION
     Profit and Performance
Scale and growth of profit after tax
Operating profit structure
Compare Cost & Profitability
 
     Credit Operations & Debt Quality
Credit scale & growth
Retail market share
Assessing debt quality & adequacy ratios in credit activities
Assess potential risks related to corporate bonds & real estate
 
     Deposit mobilization activities
Deposit Size & Growth
Size & Market Share CASA
Movement of deposit structure by term
Compare capital mobilization efficiency
 
     Interbank activities
Net lending market share on interbank
Size of bond portfolio of other credit institutions