• In 2023, Vietnam banking industry has faced headwinds regarding non-performing loan, liquidity and macro-economic challenges.
• The credit outlook for the industry in 2024, from a domestic credit rating agency’s perspective, is expected to have some tailwinds. However, the falling point of problematic and bad loans are expected to concentrate in second-half 2023 and first-half 2024.
• The preliminary distribution of banks within the top and bottom rating categories are expected to witness little changes while,
• Banks’ preliminary rating scores within middle rating categories are expected to experience clearer variations due to divergences in their portfolio risk management and liquidity pressures.

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

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