Vietcombank, one of Vietnamese banks in the list of 500 strongest banks in the Asia Pacific region. (Source: VNA)Hanoi (VNA) – SeventeenVietnamese banks were listed among the 500 strongest banks in the Asia Pacificregion.
Of 17 Vietnamese banks, theInvestment and Development of Vietnam (BIDV), Vietinbank and Vietcombank were rankedhighest, at 161st, 173rd and 193rd, respectively.
Other Vietnamese banks listedinclude the Saigon Commercial Bank, the Saigon Thuong Tin Commercial JointStock Bank, the Military Commercial Joint Stock Bank, the Saigon-HanoiCommercial Joint Stock Bank, the Asia Commercial Joint Stock Bank, the VietnamProsperity for Joint Stock Commercial Bank, and Techcombank.
The remaining banks are the VietnamExport Import Commercial Joint Stock Bank, the HCM City Development Joint StockBank, the Vietnam Maritime Commercial Joint Stock Bank, the VietnamInternational Commercial Joint Stock Bank, Tien Phong Bank, and the HSBC BankVietnam.
The list was based on assets of banks in theregion including countries and territories like Australia, China, Hong Kong,Japan, New Zealand, the Republic of Korea, Singapore, and Vietnam.
Banks were assessed on profit, growth inprofit, growth in loans, growth in deposits, return on assets, return onequity, cost to income ratio, non-interest income ratio, gross non-performingloans ratio and capital adequacy ratio.-VNA
