bao cao nghien cuu nganh ngan hang

8/13/2019 Bao Cao Nghien Cuu Nganh Ngan Hang

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a ch: Lu 8-9, 58 Nguyn nh Chiu, Phng akao, Qun 1, TP.HCM

in thoi: (84.8) 62 836 888 Fax: (84.8) 62 838 666

Email: [email protected] Website: www.phugiasc.vn

NGNH NGN HNG


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TIU CHUN NGNH NGN HNG TRN THGII

Trc nhng din bin phc tp ca khng hong ti chnh ton cu v h ly lu di ca chngivi h thng ti chnh ngn hng ton th gii,y ban Basel mt ln na li d tho v thng quaphin bn th 3 (Basel 3) v cc tiu chun an ton vn ti thiu.

2013 2014 2015 2016 2017 2018 2019

Tlvn chshu ti thiu 3,5% 4,0% 4,5% 4,5% 4,5% 4,5% 4,5%

Vn m dphng 0,625% 1,25% 1,875% 2,5%

Vn chshu ti thiu cng vn m dphng 3,5% 4,0% 4,5% 5,125% 5,76% 6,375% 7%

Loi trkhi vn chshu cc khon vn khng tiu chun

20% 40% 60% 80% 100% 100%

Tlvn cp 1 ti thiu 4,5% 5,5% 6,0% 6,0% 6,0% 6,0% 6,0%

ng v n u

Tng vn ti thiu cng vn m dphng bt buc 8% 8% 8% 8,625 9,125 9,875 10,5

Loi trkhi vn cp 1 v cp 2 cc khon khng tiu chun

Thc hin theo ltrnh 10 nm bt u tnm 2013

Vn dphng chng hiu ng chu k Tutheo iu kin ca quc gia: mc t0% - 2,5%

Cc tiu chun ca Basel 3 khng c hiu lc ngay lp tc. Chng btu c hiu lc t nm 2013vc thc hin theo mt l trnhn ht nm 2018 v s thc hiny vo 1/1/2019


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KHNNG TUN THCA CC NGN HNG VN

Khnng tun thBasel 3 ca cc ngn hng Vit Nam

Btu t 1/10/2010, t l an ton vn ti thiu theo quynh ca Thng t13/TT-NHNN phi l 9%. V th,cc ngn nc ta chphiiu chnh t 2018 tr i tc t l vn ti thiu 10,5% k c phn vnm d phng ti chnh.

Tuy nhin, nu tnh theo chun mc k ton quc t th t l an ton vn CAR ca cc ngn hng thngmi Vit Nam c mt s sai lch kh xa

Chtiu 2005 2006 2007 2008 2009

ChsCAR (%) theo VAS 6,86% 9,1% - 8,94% 9,53%

ChsCAR (%) theo IFRS 3,36% 5,9% 6,7% 6,5% 7,55%

Ngoi ra, theo l trnh tng vn ca Ngn hng Nh nc, cc ngn hng Vit Nam phit mc vnphpnh bt buc 5 nghn t ng v 10 nghn t ng, p dngi vi cc ngn hng thng min cui nm 2012 v 2015.

Do, vic nng cao nghip v kinh doanh v b sung phn vn ti thiu l 1 nhim v cp thit cho

cc ngn hng Vit Nam, thng qua cc nghip v tng vn, mua bn v sp nhp ... C nh vy, hthng ngn hng Vit Nam mitc chun mc v s tin tng ca th gii, cng nh pht trinmt cch vng mnh.


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BMI xp hng mi trngkinh doanh ngnh ngn hng theo thangim 100

XP HNG MI TRNG NGN HNG CA CC QUC GIA

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Tng trng tn dng t2001 - 2010 (n v: %).


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in thoi: (84.8) 62 836 888 Fax: (84.8) 62 838 666


NGNH NGN HNG VIT NAM


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Ngn hng Thc trng & Xu hng

Tng trng GDP Dbo 6,5% - 7,2%/nm t2012 2017 (BMI & EIU)

Tng trng tng ti sn Ngnhng

Tng trng vn CSH

Trung bnh ~ 25% trong cc nm va qua, 2010 t 39% (NHNN). Chnh schtht cht tin tslm gim tc tng trng, dbo 25%.

Trung bnh 44% (2010-NHNN)

MT SYU TVM & NGNH CN LU

Tng trng tn dng ngn hng> 25% nm (qu kh), trung bnh 23%/nm sp ti (BMI & EIU)

Mt sri ro cn ch khi u tvo ngnh Ngn hng

Cuc chy ua tng vn ngn hng slm thiu ht ngun tin

Quy m vn nh, khi tng vn phi m bo CAR 9%

Tng trng tn dng > tng trng huy ng, ri ro mt thanh khon.Nguy cnxu cao tng cao sau hly ca tnh trng li sut cho vay caonm 2011


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TM TT NGNH NGN HNG VIT NAM 2011

Ngnh Ngn hng tng trng nhanh c v s lng v quy m ti sn trong giaion 2005 2010. Tuy nhin ch c 25.6% ngn hng ni a c vn iu l trn5,000 t.

Th phn tn dng v huyng ca khi NHTM QD vn dn u tuy nhin st gimmnh trong 5 nm tr liy do s chim lnh ca khi NHTM CP.

Khi NH nc ngoi c g b hn ch v huy ng v bt u tham gia cnhtranh vi cc NHTM trong nc trong nm 2011.

T l n xu tng cao, quy m vn nh, tng trng tn dng lun cao hntng trng huyng v GDP, v c cu thu nhp ch yu vn ph thuc vohotng tn dng l cc cim hin n a y ca ngnh.

T u nm 2011n nay, ngnh NH lin tc c nhiu bin ng v li sut v tndng theo hng khng c li cho hotng cc NHTM.

Trong Q4/2011, mt bng li sut c k vng gim xung v mi trng php ltip tcc ci thin tuy nhin p lc t gi v t l n xu vn c xu hng tng.

Hin ti cc NH nim ytcnh gi thp so vi trung bnh ca cc NH trong khuvc

(PE trung bnh trong khu vc l 21.7 trong khi PE ngnh ca Vit Nam l 8.5 vi mcsinh li tt ROA: 1.4%; ROE: 16.6%)


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QUY M NGNH

Slng ngn hng giai on 2006-2010 v 11 NH c VL 2010 trn 5,000 t

Nhiu ngn hng vi quy m nh: tnh n 2010 Vit Nam c 101 ngn hng trong c 5 NHTMQD, 38 NHTMCP, 53 NH100% vn nc ngoi v 5 NH lin doanh.

Tuy nhin trong s chc 11 NH (25.6%) c VL trn 5,000 t.

Vit Nam hin c nhiu NH quy m nh, ch yu xut pht l NH nng thn nhng li vn ra hotng ti thnh th, do ctc tng trng ti sn nhanh v danh mc cho vay pht trin qu nng. Km theo l h thng qun l ri ro v k nngqun l hotng ngn hng cn km, gy tcng khng ttn h thng.


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QUY M NGNH

Thphn huy ng vn Thphn cho vay

Tuy chchim s lng nh trong tng s cc NHTM nhng khi NHTMQD li chimu th ln v vn v v th phn ngnhng, c v th phn huyng ln th phn cho vay.

Khch hng truyn thng ca khi ny l cc doanh nghip v cc Tng cng ty Nh nc. Tuy nhin vic cho vay cc DNquc doanh cng tim tng nguy c n xu nhiu hn s o vi cc DN khc. Theo thng k NHNN, trong s 2.5% n xu tonngnh ca nm 2010 th c ti 60% l n xu ca cc DN quc doanh.

Vi s pht trin nhanh v s lng cc NHTMCP th phn tn dng cng c s thayi r rt. Th phn ca khi ny stgimng k rong giaion 2005-2010 d vn chim t trng ln nht.

Tng th phn tn dng ca khi NHTMQD nm 2010 l 49.3%, thp hn rt nhiu s o vi 74.2% nm 2005.

Ngun: VCBS


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DIN BIN NGNH TU NM 2011

Tnhn 19/08/2011, NHNNiu chnh 3 ln li sut ti chit khu , 4 ln li sut ti cp vn v 6 lnli sut OMO kim ch lm pht vnnh vm.

T thng 3n thng 5, din ra cuc chyua li sut huyng gia cc NHTM quy m nh cho thys cng thng trong thanh khon tinng. Li sut cho vay theo cng tng cao.

Thng 9 cc NHTMng thun gi li sut huyng mc 14%.ng thi HNNN xa b hn ch 80%i vi t l cho vay t huyng to c s cho vic gim li sut.

Li sut

Thng 2 NHNN tng mnh t gi thm 9.3% do sc p lnng VND t cui nm 2010.

NHNN a ra cc bin php n nh ngoi hi nh: cm kinh doanh ngoi t trn th trng t do;chm dt huyng v cho vay vng; tng d tr bt buc ngoi t, quynh trn li sut USD (2%) vyu cu cc tpon, tng cng ty nh nc phi bn ngoi t cho t chc tn dng.

Bc u cc bin php cng c tc dng nhng p lc ln VND vn hin din do tn dng ngoi tTgi

tng tr ng cao u nm. ng v n c ac c t n, m p t v n p s u v n mc cao.

D tr ngoi hi c ci thin nhng vn cha t yu cu ti thiu (tng ng 2.5 thng nhpkhu)

Vic hn ch tn dng phi sn xut v quynh t l tnh ri ro ca Btng sn v chng khon ln ti250% lm gim d n tuyti cc NH.

Tnh hnh hot ng tn dng trong nm 2011 kh b tc do cc ngn hng gp kh khn v thanh

khon v phi duy tr cc t l tn dng theo quynh ca NHNN. Theo Thngc NHN, cc NHang tha vn th s dng ht hn mc 20%, cc NH cn d a cho

vay th li thiu vn, k c cc NH cn vn ln d a vn khng mun cho vay thm do ngi ri ro.

Vn n xu tng nhanh cng l mt im ti trong hot ng tn dng cu ngnh ngn hng trongnm 2011.

Tn dng


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LCH SKIN NGNH NGN HNG 2011


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LCH SKIN NGNH NGN HNG 2011


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CC SKIN NI BT KHC

Ngy 10/03, CTG kt thc vic cho bn hn 168.58 triu c phn cho IFC. Gi pht hnh l21,000/cp. V chuyn nhng 15% tip theo cho BNS vn cha c tin hnh do 2 bn vn

cha thng nhtc v mc gi.

CTG bn 10% cphn cho IFC

VCB chun bbn 15% cphn cho Mizuho

Mi th tc lin quan, khi lng v mc gi ca thng v chuyn nhng ny hu nh chon tt. Hai bnang tip tcm phn v cc rng buc c th sau khi hon tt chuyn nhng.

Ngy 20/07/2011 MHB tin hnh u gi IPO vi gi khi im l 11,000/cp.t IPO ny cnh gi l thiu tnhi chng v chc 14.31% vniu l cu gi cng khai trong nc. Tl u gi thnh cng tngi thp, 27.64% tng khi lng a rau gi. MHB l NHTMQDth 3 sau VCB v CTG tin hnh c phn ha.

IPO ca MHB


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HOT NG KINH DOANH MT SNGN HNG VIT NAM(Tnh n Q3/2011)

n v:tng

CTG VCB ACB STB EIB SHB HBB NVB

Tng ti sn 414,038 333,735 264,000 150,526 146,857 69,751 47,476 22,731

Cho vay 268,022 182,726 99,326 80,118 68,902 27,958 18,292 12,733

Huy ng 266,259 251,197 181,970 93,884 98,581 54,086 38,313 17,329

VCSH 23,508 28,533 12,488 14,021 15,296 5,679 4,685 3,196

VL 16,858 19,698 9,376 10,851 10,560 4,815 4,050 3,010

LNST 9T 4,501 3,500 1,858 1,524 2,017 532 391 147

% kho ch 116.32% 81.97% 63.37% 82.00% 89.66% 67.10% 74.16% 53.17%

ROA (%) 1.09% 1.92% 0.70% 1.01% 1.37% 0.76% 0.82% 0.65%ROE (%) 19.15% 12.27% 14.88% 10.87% 13.19% 9.37% 8.35% 4.60%

EPS 2,670 1,777 1,982 1,404 1,910 1,105 965 488

BVPS (ng) 13,945 14,485 13,319 12,921 14,485 11,794 11,568 10,618

Gi (ng) 22,600 23,600 20,000 14,600 15,300 6,400 5,400 8,000

P/E 8.46 13.28 10.09 10.40 8.01 5.79 5.59 16.38

P/B 1.62 1.63 1.50 1.13 1.06 0.54 0.47 0.75

Ngun: PGSC, sliu tnh n Q3.2011, gi ngy 25.11.2011


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SO SNH VI CC NC TRONG KHU VC

Quc giaTTS

(tng)VCSH

(tng)ROA

(%)ROE

(%)P/E (x) P/B (x)

Trung Quc (17cp) 11,385,215 671,635 1.10 20.27 8.48 1.56

Malaysia (12cp) 866,311 71,190 1.24 18.04 11.24 2.03

n (37cp) 823,663 51,031 1.00 15.94 11.07 1.38

Thi Lan (11cp) 624,918 58,951 1.24 13.50 18.82 1.92

Indonesia (26cp) 211,068 24,290 1.58 14.78 31.43 2.28

Vit Nam (8cp) 166,844 12,574 1.40 16.60 8.58 1.27

Philippines (12cp) 158,153 17,695 1.67 18.54 56.40 5.89

Pakistan (13cp) 99,614 10,232 1.27 13.11 11.66 0.90

Sri Lanka (10cp) 22,107 2,477 1.99 14.65 24.22 2.23

Ngun: Bloomberg ngy 03/08/2011


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C IM NGNH NGN HNG VIT NAM

Tng trng huy ng 2000-2010Tng trng tn dng 2000-2010

Tc tng trng nhanh Vic trng ca mt nn kinh t mi ni, tc tng trng tn dng v huyng cu Vit Nam lun

mc cao trn 20% trong sut giaion 2000-2010.

So vi cc nc trong khu vc, tng trng tn dng M2 ca Vit Nam cao hn nhiu so vi Indonesia vThi Lan. y l nhn t ng gp vo s pht trin nhanh ca nn kinh t Vit Nam trong giai on ny(GDP tng trung bnh 7.15%).

Tuy nhin, tng trng tn dng nng cng l nguyn nhn dnn bong bng ti sn m nhiu nc mini nh Vit Nam mc phi khi ngun vn chy vo cc lnh vc ri ro cao nh Btng sn.

Ngun: SBV, VCBS


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Top 10 tng trng ti sn ngnh ngn hng

Quy m ngnh ngn hng Vit Nam m rngng k trong nhng nm gn y. Theo IMF,tng ti sn ca ngnh tng gpi trong giaion 2007-2010.

Khng ch pht trin v s lng, quy m mngli hot ng ca cc NHTM cng tng lnnhanh chng

Slng chi nhnh, phng giao dch v ATM ca 12 NH ln trong nm 2010

Ngun: VCBS


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Tng trng li nhun sau thumt sngn hng

Duy tr tng trng li nhun v kh nng sinh li tt bt chp khng hong ti chnh.

T nm 2008, th trng ti chnh th gii v Vit Nam gp kh khn donh hng ca cuc khng hong ti chnh toncu. Tuy nhin cc Ngn hng Vit Nam vn gi c mc tng trng li nhun tt trong giaion ny.

Nm 2011 tip tc l mt nmy kh khn vi ngnh ngn hng vi nhng din bin vm phc tp. Li nhun cc ngn

hngc d bo s tng trng chm hn nm 2010, tuy nhin mc trung bnh vnc duy tr trn 20%.

Ngun: VCBS


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Quy m ngnh NH mt squc gia HsCAR 2010 mt sNH

Mc d ti sn tng trng nhanh nhng quy m ca ccNHTM Vit Nam vn nh hn so vi cc quc gia khctrong khu vc

Vi quy m nh cc NHTM Vit Namu pha chu p lctng vn nhmm bo cc chs an ton hotng.

n cui 2010 vn cn 10 NH cha png yu cu vvniu l ti thiu

Hu ht cc NHupngc t l CAR tithiu 9 % ti thiim cui 2010

Ngun: VCBS


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Tng trng tn dng lun cao hn tng trng huyng v GDP

T l cho vay/huyng ca Vit Nam cao nht s o vi cc nc trong khu vc.

Tuy nhin mc thm nhp th hin qua t l cho vay/GDP vn chatc mc tngng

Ngun: SBV, BMI


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Tng trng tn dng Vit Nam cao hn nhiu s o vi tc tng trng huyng v GDP lmtng ri ro thanh khon.

Tn dng tng trung bnh 32% trong giia on 2000-2010, huy ng tng 29% trong khi GDP ch tng 7.15% trong giaion ny.

(Theo cc chuyn gia, vi tc tng trng GDP 7%, mc tng trng tn dng c th t mc 14-20% m khng gy

ra bong bng tn dng)

Vic tn dng tng trng nhanh hn huyng lm tng ri ro thanh khon ca h thng NH.

Tng trng tn dng, huy ng v GDP giai on 2000-2010

Ngun: VCBS


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C cu thu nhp chaa dng, ch yu ph thuc vo hotng tn dng.

Ngun thu nhp t hotng tn dng vn chim t trng cao trong c cu thu nhp ca cc NHTM.iu ny cho thy ccu thu nhp ca NHTM chaa dng, khi tng trng tn dng b hn ch th thu nhp ca cc NHTM s b nh hngnng n.

Nm 2010 t trng thu nhp li trong tng thu nhp 10 NH ln nht ca Vit Nam l 76.8%.

Ccu thu nhp ca 10 NH ln

Ngun: VCBS


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VN NXU

Ngn hng CTG VCB STB EIB ACB SHB HBB NVB

Tng dnti 30/9/2011

271,677 188,473 80,149 69,524 99,719 28,252 18,685 12,869

Tng trng tn dng 16.60% 7.30% 3.60% 11.50% 15.10% 16.30% 0.60% 19.5%

N xu gia tng do tng trng tn dng nng v qun l tn dng khng hiu qu.

Tng n xu ca 8 NHTM nim yt tnh ti thiim 30/9/2011 ln ti gn 15.018 t ng. Trong n c kh nng mt vnl 8.293 t ng. VCB c n xu cao nht 3,9%.

ng sau cu chuyn tng trng li nhun th cu chuyn n xuang l mi quan tm hngu ca giiu t i vicc NHTM lc ny.

Nxun cui T9/2011 1.40% 3.90% 0.60% 1.50% 1.10% 1.50% 2.80% 2.80%

Nxucui nm 2010

0.70% 2.80% 0.50% 1.40% 0.30% 1.40% 2.40% 2.20%

Trch lp dphng9 thng 2011

2,185 1,687.40 383.6 164 303.8 41.87 137 31.76

Li nhun sau thu9 thng 2011 4,129 3,308.60 1593.6 2028 2101.4 533.5 391.6 147.4

Tng trng LNST so vicng k2010

49% 6% 6% 65% 15% 32% -6% 30%


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VN NXU

Theo Quyt nh 493/2005/Q-NHNN, n xu l cc kho n n thuc cc nhm 3 (n di tiu chun), n nhm 4 (n nghing) v nnhm 5 (nc kh nng mt vn).

Nu cn c theo Quytnh 493 v phn loi n, th Vietcombank (VCB) l ngn hng c n xu cao nht 3,9%, tip theo lNVB (2,8%), HBB (2,8%). Sacombank (STB) l ngn hng c t l n xu thp nht (0,6%).


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VN NXU

Ti30/9/2011 CTG VCB STB EIB ACB SHB HBB NVB

Tngcng

N c khnng mtvn (nhm5) - t ng 1,691 4,950 169 490 263 233 351 147 8,293

Tng n xu ca 8 NHTM nim yt tnh ti thiim 30/9/2011 ln ti gn 15.018 t ng.

Trong tng n nhm 5 (n c kh nng mtvn) ln ti 8.293 t ng.

Hu ht cc NHTM nim yt u c t l n xu tngmnh so vi cui nm 2010. ng ch , n c khnng mt vn (n nhm 5 phi trch lp d phng100%) tng mnh.

N nhm 2 (n cn ch ) ca HBB chim 24% tngd n, ca VCB l 18,78% tng d n. Mc d nnhm 2 chac tnh vo n xu nhng chcn cckhon n ny qu hn trn 90 ngy hoc cc khchhng c thm mt khon n b chuyn vo nhm ri rocao hn th khon n s b c cu li thnh n xu.T l n nhm 2 cao cng l mt tn hiung lu .


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VN RI RO THANH KHON

Ngoi tr cc NHTM ln c vn huyng dihn, cc NHTM nh hu nh khng c khontin gi trn 5 nm, a s l cc khon tingi 1 thngn 3 thng.

99,8% tin gi ca khch hng NVB (khngtnh tin gi v vay ca NHNN v cc TCTDkhc) l cc khon tin gi di 1 nm trong

72,4% l tin gi di 1 thng, 22,4% ltin ti t 1-3 thng, khng c khon tin gino trn 5 nm.

SHB cng tnh trng tng t vi 99,85%khon tin gi ca khch hng l tin gi di1 nm trong tin gi di 1 thng chim ti

71,7%.

CTG, STB, EIB c khon tin gi trung hntng i cao so vi cc ngn hng khc.CTG c t l tin gi trn 5 nm kh cao sovi cc NH khc.

Cc NHTM cho vay trung v di hn trong khicc khon tin gi ca khch hng li ch tptrung vo cc k hn ngn t 1-3 thng skhin cc ngn hng c th gp ri r o v thanhkhon. Hn na, n xu tng nhanh qua ccthng, c bit n c kh nng mt vn tngcao (ln ti 8.293 t) l 1 kh khn ca ccngn hng hin nay.


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TRIN VNG NGNH

Theo d bo ca PwC ti sn ngnh Ngn hng VitNam tip tc tng trng cao trong giaion 2010-2050. Tc tng trng trung bnh hng nm t9.3%.

Trin vng pht trin tt ca ngnh.

Tng trng tn dng s c duy tr mc thntrngng thi nng cao kim sot cht lng cckhon vay.

Cc ngn hng s rt kinh nghim t tnh hnh

Dbo ttrng ti sn ngnh NH so vi thgii trong nm 2050

ca mnh trong tng lai.

S tng trng mnh ca khi Ngn hng ncngoi.

Tnh dnh tranh trong ngnhc nng cao hnbuc cc NH trong nc phi tip tc ci thin

v cng ngh, qun tr doanh nghip v tnhminh bch.

Ngun: PwC dbo

Dbo tc tng ti sn trung bnh hng nm giai on 2010-2050


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Th mnh

Tc tng trng cao

Nhiu tim nng cha c khai thc.

Tltit kim cao ca cc hdn.

Th trng tng cho cc ngn hng nc ngoi, do vic gia nhp WTO 007.

Vai tr ca cc ngn hng quc doanh gim dn v n nh.

Ngn hng trong nc thiu vn v kthut duy tr tng trng cao vtn dng.

PHN TCH SWOT NGNH NGN HNG VIT NAM

.

C cu thu nhp cha a dng, phthuc nhiu vo hot ng tn dng.

C hi Dn ssdng dch vngn hng cn thp.

Thu nhpang tng mnh vtrung hn.

Ri ro S thay i nhn strong bmy lnh o nm 2011 c thdn n nhng thay i

vchnh sch kinh t. Tlnxu tng cao lm tng ri ro thanh khon cu hthng ngn hng


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in thoi: (84.8) 62 836 888 Fax: (84.8) 62 838 666


PHLC


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TLNC NGOI NM GIMT SNH TRONG NC


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2008 2009e 2010e 2011f 2012f 2013f 2014f 2015f

M1

TVND 1,291,764 1,665,307 2,031,675 2,478,643 3,023,944 3,689,212 4,500,839 5,491,023

% 18.6 28.9 22.0 22.0 22.0 22.0 22.0 22.0

M2TVND 1,622,130 2,092,447 2,615,559 3,217,137 3,860,564 4,632,677 5,559,213 6,671,056

% 20.3 29.0 25.0 23.0 20.0 20.0 20.0 20.0

DBO CUNG TIN V LI SUT

Li sut cbn 8.50 9.00 9.00 10.00 9.00 8.00 7.00 7.00

Li sut cho vay 15.8 10.1 14.0 13.0 12.0 11.0 10.0 9.0

Li sutcho vay thc

-7.2 3.1 4.8 1.5 5.5 5.0 4.5 4.0

e: c tnh f: dbo


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STT M Tn ngn hng Giao dch Gi Vn hathtrngP/E P/B EPS 2010 BVPS ROE ROA

1 ABB An Binh Bank OTC 6,670 2,817 5.7 0.6 1,175 11,016 10.7% 1.3%

2 ACB Asia Commercial Bank HNX 20,800 19,504 8.4 1.7 2,490 12,133 20.5% 1.1%

3 AGRB Agribank N/A 0 0 0.0 0.0 952 11,176 8.5% 0.5%

4 BIDV BIDV N/A 0 0 0.0 0.0 2,269 14,716 15.4% 1.0%

5 BVB Bao Viet Bank OTC 8,580 1,287 9.7 0.8 883 10,986 8.0% 1.0%

6 CTG VietinBank HOSE 27,200 41,513 12.2 2.3 2,231 11,906 18.7% 0.9%

7 DAB DaiA Bank OTC 8,670 2,688 27.8 0.8 312 10,407 3.0% 0.9%

8 DCB OceanBank OTC 8,810 3,086 5.9 0.8 1,486 11,668 12.7% 0.9%

9 EAB DongA Bank OTC 9,770 4,397 6.7 0.8 1,465 12,044 12.2% 1.2%

10 EIB Eximbank HOSE 14,600 18,289 10.1 1.4 1,449 10,785 13.4% 1.4%

CHTIU TI CHNH CC NGN HNG

11 FCB Ficombank OTC 10,330 2,066 19.2 1.0 539 10,689 5.0% 1.4%

12 GB GP Bank OTC 7,000 2,113 10.3 0.7 682 10,460 6.5% 0.7%13 GDB Gia DinhBank OTC 7,810 1,562 27.6 0.8 283 10,392 2.7% 0.7%

14 HBB Habubank HNX 8,400 2,521 5.3 0.7 1,587 11,772 13.5% 1.3%

15 HDB HDBank OTC ????? ?????? ???? ??? ?????? ????? ????? ?????

16 KLB Kien Long Bank OTC 10,380 3,114 15.9 1.0 651 10,750 6.1% 1.5%

17 LVB LienVietBank OTC 8,750 3,249 4.8 0.8 1,839 11,059 16.6% 2.0%

18 MB MBBank OTC 16,300 12,313 7.2 1.4 2,267 11,759 19.3% 1.6%

19 MDB Mekong Development Bank OTC 6,600 2,475 15.2 0.6 433 10,192 4.2% 0.9%

20 MHBB MHB Bank OTC 8,250 2,512 31.0 0.8 266 10,559 2.5% 0.2%

21 MSB MaritimeBank OTC 9,000 4,976 4.3 0.8 2,093 11,445 18.3% 1.0%

22 NAB Nam A Bank OTC 5,420 1,084 7.8 0.5 693 10,874 6.4% 1.0%


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STT M Tn ngn hng Giao dch Gi Vn hathtrng

P/E P/B EPS 2010 BVPS ROE ROA

23 NASB North Asia Bank OTC 9,000 2,707 21.4 0.8 421 10,655 4.0% 0.5%

24 NVB Nam Viet Bank HNX 8,700 1,584 10.1 0.8 862 11,110 7.8% 0.8%

25 OCB ORICOMBANK OTC 6,790 1,876 6.2 0.6 1,102 11,364 9.7% 1.5%

26 PGB PG Bank OTC 6,730 1,346 6.2 0.6 1,094 10,867 10.1% 1.3%

27 PNB Southern Bank OTC 10,130 3,090 7.4 0.9 1,373 11,713 11.7% 0.7%

28 PVF PetroVietnam Finance Corp. HOSE 19,100 11,566 24.9 1.7 766 11,135 6.9% 0.7%

29 SCB Saigon Commercial Bank OTC 6,240 2,616 9.4 0.6 663 11,235 5.9% 0.5%

30 SEAB SeaBank OTC 6,250 3,334 5.3 0.6 1,179 10,766 11.0% 1.1%

31 SGB SAIGONBANK OTC 6,400 0 0.0 0.0 0 0 0.0% 0.0%

32 SHB SH Bank HNX 8,300 2,980 6.0 0.7 1,377 11,652 11.8% 1.0%

CHTIU TI CHNH CC NGN HNG

, , . . , , . .

34 TB Trust Bank OTC 8,000 2,402 10.2 0.7 786 10,841 7.3% 1.2%

35 TCB Techcombank OTC 18,640 12,922 6.2 1.4 2,990 13,544 22.1% 1.4%

36 TPB Tien Phong Bank OTC 6,630 1,989 12.3 0.6 539 10,659 5.1% 0.8%

37 VAB Viet A Bank OTC 8,940 2,722 10.2 0.8 875 11,150 7.8% 1.1%

38 VCB Vietcombank HOSE 27,700 39,489 9.4 1.9 2,956 14,499 20.4% 1.4%

39 VIB VIBBank OTC 12,240 6,919 8.7 1.0 1,399 11,663 12.0% 0.8%

40 VPB VPbank OTC 10,110 4,668 9.3 0.9 1,090 11,272 9.7% 0.8%

41 VTNB Vietnam TinNghia Bank OTC 7,000 2,379 6.2 0.6 1,135 11,480 9.9% 0.8%

42 VTTB VietBank OTC 12,000 3,600 60.0 1.2 200 10,358 1.9% 0.4%

43 WEB Western Bank OTC 6,120 1,220 23.9 0.6 256 10,462 2.4% 0.5%

Banking 255,982 11.2 1.4 1,851 12,066 14.9% 1.1%


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