According to FiinRatings’ experts along with technical collaboration with S&P Global Ratings, a bank in [a] rating category like Techcombank will have the following key intrinsic characteristics:

• Am large state-owned banks or leading private joint stock banks with strong brand recognition and good geographic diversification;
• Maintain a capital adequacy ratio (CAR) and earnings that are higher or at least equal to the industry average;
• Financial leverage equals to or is lower than the industry average;
• Risk management ability and asset quality are on par with the industry average;
• The current and future capital structure are stable with the ability to maintain a liquidity position at least equal to the industry average.

In addition, FiinRatings also provides typical internal characteristics for banks in other rating scale. Kindly find more details in the video below.

View the full meanings of the domestic credit rating results for Techcombank as well as updates on the banking industry outlook from FiinRatings HERE (Vietnamese version only)

Read the full public announcement about Techcombank’s rating result HERE

About FiinRatings 

FiinRatings Joint Stock Company (“FiinRatings”), a member of FiinGroup and a technical collaboration partner with S&P Global Ratings, is a local licensed Credit Rating Agency in Vietnam. FiinRatings provides credit ratings and related services to issuers, creditors and investors in Vietnam credit market. FiinRatings is also Vietnam first green bonds approved verifier, in accordance with the green bond international standard by the Climate Bonds Initiative (CBI). For more information, visit: https://www.fiinratings.vn 

For support or inquiry, please contact FiinRatings at: 

Tel: (84-24) 3562 6962   

Email: support.fiinratings@fiingroup.vn  

Website: https://www.fiinratings.vn