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Update news NIM
Most banks made fat profits in 2019 and some of them had profit of over tens of trillion of dong. But their profits mostly came from lending.
VietNamNet Bridge - Of 24 joint stock banks which published their Q3 finance reports on their official websites, only three banks reported losses.
The net interest margin (NIM) of Vietnamese banks is lower than that of other regional banks, while financial reports show that the business performance of the banks depends heavily on credit.
The reported satisfactory business results in 2016, plus positive media comments about banks’ operations, have caused investors to feel optimistic about the prospects of the sector in 2017.