Vietnam Banking Report 2023 - Embracing new challenges: Digital transformation and Green financing

FiinGroup is pleased to inform you that we have released the latest Vietnam Banking Report 2023 at the following at HERE.

In 2022, Vietnam’s banking sector stepped on a rocky recovery road with new challenges from external turmoil and internal corrections. Entering 2023, the first signs of dents in economic growth are now visible. Enclosed you will find key themes of this report for your reference: 

1. Credit growth remained stagnant due to squeezed demand for business expansion and real-estate roadblocks. 

2. Customer deposit growth remained sluggish, driven by the plunge in the wholesale segment 

3. The NPL ratio persistently surged, showing further deterioration in banks’ credit portfolio 

4. NIM was hit as accelerated funding costs took a toll on banks’ interest income 

5. Digital transformation boomed with inclusive digitalization from the front, middle to back office 

6. “Green financing stated increased importance in the Vietnamese banking system 

Besides, the subscribers will have the option to purchase a data set with the charts in the report which can be used for your internal purposes. We will deliver this dataset within 02 working days since the order is confirmed. 

Established as a leading independent market research team in Vietnam, FiinResearch, a research and consulting division of FiinGroup, provides quality independent research reports, in-depth analysis and consultancy services in major South East Asia markets with in-depth and practical sector insights. 

At FiinResearch, we have a team of experienced professionals who previously worked for the leading advisory firms including PricewaterhouseCoopers, Deloitte, Ernst & Young and large foreign private equity funds including Vietnam Holding Asset Management, BIDV – Vietnam Partners Investment Management. 

Should you have any inquiries, please do not hesitate to contact us via telephone: (84-24) 3562 6962 or email: research.support@fiingroup.vn