vietnamese banking industry analysis 2013

Strategy & Corporate Development

Feb 2014 by Strategy & Corporate Development | 1

BANKING INDUSTRY ANALYSIS REPORT 2013

NI DUNG

MI TRNG V M

DIN BIN CHNH SCH

TON CNH NGNH NGN HNG 2013

NHM I TH CNH TRANH

TRIN VNG NGNH 2014

GHI CH

S liu trong bo co c tng

hp t cc ngun: NHNN, GSO, bo

co ti chnh cng b ca cc ngn

hng, kho st th trng ca mt s

cng ty uy tn, d liu trn Cafef.vn

Mi kin thc mc hay cu hi

u c trn trng cc bo co

sau c hon thin hn

Analysts:

Hong Quc ng Director of Strategic Analysis & Research [email protected] +844 39446368, Ext: 1243 Lu Trung Nguyn Analyst [email protected] + 844 39336368 Ext: 1244

TM TT NM 2013

Mc d tng trng tn dng tng tc vo thng cui nm vt k hoch 12%/nm nhng phn ln cc ngn hng u khng hon thnh ch tiu li nhun t ra. Tng li nhun trc thu ton h thng ly k tnh n 11/2013 c t 29.500 t ng, tng 2,3% so vi nm 2012 nhng ch bng khong 40% ca nm 2011.

X l n xu ca cc TCTD c Chnh ph v NHNN trin khai quyt lit. Mc d Thng t 02 c hon thi gian c hiu lc n 1/6/2014 gip kh khn tn ti ca nn kinh t, nhng bn cnh , mt s chnh sch, bin php c thc hin nh: thnh lp VMAC, buc cc TCTD phi bn n, a ra quy nh v kim sot TCTD, nghim cm cc TCTD c cu li n che giu n xu.

NHNN thc hin tt vai tr trong vic kim ch lm pht, bnh n th trng vng, ngoi t; nh hng tng trng tn dng kch thch nn kinh t. Trong nm, NHNN ban hnh nhiu thng t quy nh lin quan n ngoi hi v th trng vng. Qua , nghim cm cc hnh thc huy ng, cho vay bng vng; quy nh c th tng i tng c s dng ngoi t trn lnh th Vit Nam.

Nhiu ngn hng ang y mnh hot ng kinh doanh vo mng bn l, ng thi chy ua v cng ngh ginh th phn. Vi tim nng rt ln ca th trng 90 triu dn vi hn 60% trong tui lao ng, cng vi l thu nhp gia tng nhanh, l nguyn nhn chnh cc ngn hng y mnh lnh vc bn l, c bit l lnh vc cho vay tiu dng. Bn cnh , cc ngn hng gia tng lin kt vi cc nh mng vin thng, nng cp cc dch v internet banking, ATMs hay dch v th cnh tranh tt hn.

TRIN VNG NM 2014

Nn kinh t Vit Nam phc hi tng trng trong nm 2014. Xut khu tip tc tng trng tt, trong cc doanh nghip FDI vn l im sng. Hip nh xuyn Thi Bnh Dng TPP s l c hi Vit Nam hi nhp v pht trin.

Tn dng s khi sc hn trong nm, mc tiu tng trng 14% l hon ton kh thi. Mt bng li sut s tip tc duy tr n nh nh na cui nm 2013, chng ti cho rng li sut s gim cho cc khon vay c v mt bng chung li sut hin nay; Mt bng chung li sut cho cc khon vay mi ch c th gim thm 0,3-0,5% trong nm nay.

Thng t 02 s khng li thi gian thc hin, tuy nhin s c mt s thay i v quy nh phn loi v nhn din n xu. Tuy nhin, cc ngn hng s bt buc phi y mnh x l hay bn n xu cho VAMC trong nm nay trc khi Thng t 02 c hiu lc hon ton.

Xu hng ngn hng bn l ngy cng r nt, cnh tranh s din ra quyt lit khng ch gia cc NHTMCP m c vi cc ngn hng nc ngoi. Vi th trng 90 triu dn trong tui tr, cc ngn hng ang tch cc y mnh cc phng thc bn hng mi khai thc th trng tim nng ny.


| Banking Industry Report 2013

MI TRNG V M

GDP c tn hiu phc hi mc d tng trng thp hn mc tiu ra

Nm 2013, tng trng GDP ca Vit Nam t 5,42%, thp hn mc tiu ra 5,5%, nhng kt qu ny cho thy nhng tn hiu phc hi khi ln hn tng trng 2012 mc 5,25%. Dch v, cng nghip v xy dng vn l hai khu vc c mc tng trng tt hn.

Theo , quy m nn kinh t ca Vit Nam t gn 2.8 triu t VND (~176 t USD), thu nhp bnh qun u ngi t 1.960 USD/ngi/nm.

Lm pht tip tc c kim ch thnh cng mc 6.04% trong nm 2013, mc thp nht trong vng 10 nm tr li y

Ch s gi tiu dng thng 12/2013 tng 0,51% so vi thng trc v tng 6,04% so vi thng 12/2012. Nh vy, y l nm m ch s gi tiu dng tng thp nht trong 10 nm tr li y.

-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

Jan-

08M

ar-0

8M

ay-0

8Ju

l-08

Sep-

08N

ov-0

8Ja

n-09

Mar

-09

May

-09

Jul-0

9Se

p-09

Nov

-09

Jan-

10M

ar-1

0M

ay-1

0Ju

l-10

Sep-

10N

ov-1

0Ja

n-11

Mar

-11

May

-11

Jul-1

1Se

p-11

Nov

-11

Jan-

12M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12N

ov-1

2Ja

n-13

Mar

-13

May

-13

Jul-1

3Se

p-13

Nov

-13

CPI total m/m

GDP qua cc nm (t VND), Ngun: GSO

Din bin CPI theo thng (%); Ngun: Nhm phn tch, GSO

Tng trng GDP nm 2013 (%), Ngun: GSO

2012 2013

TNG 5,25 5,42Theo khu vc kinh t

Nng, lm, ng nghip 2,68 2,67Cng nghip v xy dng 5,75 5,43Dch v 5,90 6,56Theo quQu 1 4,75 4,76Qu 2 5,08 5,00Qu 3 5,39 5,54Qu 4 5,57 6,04

Tng tng GDP (% )

nm c bn: 2010



Trong khi , tng trng tn dng v tng phng tin thanh ton dn dt chiu tng ca ch s gi tiu dng. S gia tng tn dng s c tc ng lm tng cung tin, qua tc ng n lm pht. Do , c th thy nhng tc ng tch cc trong chnh sch tin t ca NHNN trong vic bnh n gi c nc ta trong nm qua.

T gi n nh, gp phn n nh nn kinh t ni chung, v tng d tr ngoi hi quc gia ln khong 32 t USD, tng ng 12-14 tun nhp khu

Din bin t gi USD/VND bnh qun ca 4 ngn hng (ACB, EIB, STB, TCB) trong nm 2013. Bin giao ng ca c nm ch l 1,88% {20,853; 21,246}. c bit, t gi c xu hng n nh vo nhng thng cui nm v tip tc trong nm 2014.

Vit Nam vn l im n thu ht ca dng vn FDI

C 1.275 d n ng k vn FDI vo Vit Nam vi tng s vn t 21,6 t USD nm 2013, tng 32% so vi nm 2012 mc d s lng d n gim ng k.

Nm 2008, Vit Nam t k lc thu ht vn FDI vi hn 70 t USD ng k, tuy nhin s lng FDI thc t gii ngn kh khim tn. Trong giai on 2008-2013, trung bnh hng nm s vn FDI gii ngn t khong 11 t USD/nm.

Bn cnh , Vit Nam l 1 trong 10 quc gia c lng kiu hi chuyn v

Nm 2013, Vit Nam n nhn khong 11 t USD kiu hi chuyn v. Lng kiu hi lin tc tng trong nhng nm gn y vi tc tng trng bnh qun 13%/nm. Lng kiu hi chuyn v cng ch yu tp trung vo sn xut kinh doanh

CPI, Tng trng tn dng, Tng cung tin qua cc nm (%), Ngun: Nhm phn tch, GSO CPI theo nm (%), Ngun: Nhm phn tch, GSO

USD/VND ca 4 NH ln (VND), Ngun: Tng hp

FDI theo nm (triu USD), Ngun: Tng hp



nhiu nht trn th gii ngn hn, tho g kh khn cho hot ng sn xut, bun bn ca cc doanh nghip, h gia nh; mt phn chy vo bt ng sn, trong ch yu l u t vo cc cng trnh ang xy dng hon thin v ch mt phn nh l chi tiu cho cc thn nhn trong gia nh. c bit, vi chnh sch khuyn khch Vit kiu chuyn kiu hi v nc ca Chnh ph gn y, cng vi mi trng ngoi hi n nh trong nc, th trng kiu hi s vn tip

tc nng trong nhng nm ti.

Trin vng, k hoch nn kinh t v m nm 2014

Ch tiu ra c QH thng qua: GDP tng 5,8% Kim ngch xut khu tng 10% T l nhp siu khong 6% kim ngch nhp khu CPI tng khong 7% Tng vn u t pht trin ton x hi khong 30% GDP Nhn nh ca chng ti:

Nn kinh t th gii ni chung c nhng nt hi phc r rt trong nm 2013, v s hi phc mnh m trong nm 2014. c bit l nn kinh t M ly li c tng trng khi GDP tng 3,2% trong qu IV/2013 v tng 1,9% cho c nm 2013. Qua , to ng lc tng trng cho nn kinh t chu u v nn kinh t ton cu cho nm tip theo.

Do , trin vng kinh t Vit Nam nm 2014 s gia tng tt khu vc xut khu, cc doanh nghip FDI vn l im sng trong xut khu ca nn kinh t trong nm 2014. Hip nh xuyn Thi Bnh Dng TPP c kh nng s c k kt trong qu III/2014 s l nhn t chnh thc y tng trng ca nn kinh t v thu ht u t nc ngoi mnh m hn na.

Bn cnh , khu vc sn xut ni a s c ci thin. Mi trng u t cng s tip tc c ci thin nh nhng thun li n t nhng c hi gia tng xut khu v n nhn dng vn t nc ngoi FDI v kiu hi.

Kiu hi v Vit Nam (triu USD), Ngun: Tng hp



0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

Prime rate Refinance rate

Discount rate OMO rate

Deposit's celling interest rate

DIN BIN TH TRNG V CHNH SCH

Chnh sch tin t chung NHNN dn ni lng chnh sch tin t nhm kch thch tng trng nn kinh t. Chnh sch iu hnh ca NHNN hng dng vn tn dng tp trung vo h tr cho cc lnh vc u tin nh nng nghip, nng thn, xut khu, cng nghip h tr, doanh nghip nh v va, doanh nghip ng dng cng ngh cao, doanh nghip s dng nhiu lao ng v cc d n hiu qu. Nh , nn kinh t v m c nhng tn hiu kh quan hn.

Nm 2013 NHNN cng thnh cng trong n nh li hot ng ca h thng cc TCTD. NHNN tin hnh giao ch tiu tng trng tn dng cho tng ngn hng trong nm 2013. Theo , mc tng trng tn dng ti a ca mt TCTD s l 12%. Nhm ngn hng c giao mc tng trng tn dng ti a 12% trong nm 2013 gm c ACB, Vietinbank, Vietcombank, MBBank, Eximbank, Sacombank, Techcombank v BIDV. Tuy nhin, do tnh hnh sau 6 thng u nm kh khn khi m tng trng tn dng ch t 4,5%, NHNN linh hot ni ch tiu tn dng cho mt s ngn hng. Bn cnh , NHNN cng chm dt vic huy ng v cho vay bng vng ca cc TCTD; yu cu cc TCTD khng c gi tin, nhn tin gi (tr tin gi thanh ton) t cc TCTD khc. Th hai, NHNN cng a ra cc quy nh v kim sot c bit i vi cc TCTD yu km. Ngoi ra, bc u thnh cng trong vic ti c cu 8/9 TCTD yu km, nhn din thm 8 TCTD yu khc.

Cc cng c li sut iu hnh ch cht

NHNN ch ng iu hnh chnh sch tin t ni lng v linh hot. Trong nm 2013, cc mc li sut iu hnh ca NHNN c iu chnh gim hai ln.

Gim li sut ti cp vn t 9% xung 7%; li sut ti chit khu t 7% xung 5%; li sut OMO t 7% xung 5,5%/nm;

Gim li sut huy ng VND t 8% xung 7%/nm, p dng cho cc khon huy ng c k hn di 6 thng. Cc TCTD c php t n nh li sut i vi cc k hn trn 6 thng;

Gim trn li sut huy ng USD t 0,5% xung 0,25% i vi c nhn v t 2% xung 1,25%/nm i vi t chc.

Li sut iu hnh, Ngun: Nhm phn tch, SBV



Qun l th trng ngoi hi Th trng ngoi hi b kim sot cht ch, n nh kinh t v m v kim ch lm pht, ng thi hng n mc tiu chng la ha nn kinh t.

Trong nm 2013, NHNN ban hnh 7 Thng t quy nh lin quan n th trng ngoi hi. Trong , ng ch c Thng t 32/2013 quy nh chi tit tng i tng, tng giao dch c php s dng/thc hin bng ngoi hi trn lnh th Vit Nam. Thng t 29/2013 quy nh cc TCTD phi xin kin ca NHNN v tng h s cho vay bng ngoi t. Theo sau l Vn bn hp nht 06/2013 khuyn khch vic chuyn kiu hi v Vit Nam.

Qua vic bnh n th trng ngoi hi, nim tin vo VND ngy cng c cng c, h tr kim ch lm pht, to mi trng n nh thu ht vn u t nc ngoi, to iu kin thun li cho cc doanh nghip trong vic lp v thc hin k hoch kinh doanh. Trong nm, t gi USD/VND lin ngn hng c iu chnh thm 1% t 20,828 ln 21,036 ng/USD.

Qun l th trng vng NHNN cng ban hnh cc quy nh c th nhm ngn chn, y li tnh trng u c, vng ha trong nn kinh t. C th:

NHNN c quyn sn xut vng ming vi thng hiu vng SJC. ng thi, NHNN s mua bn vng ming vi cc TCTD theo 2 phng thc: mua trc tip v u thu.

Cc TCTD phi chm dt hot ng huy ng v cho vay vn bng vng k t ngy 30/6/2013.

Trng thi mua/bn vng cui ngy ca cc ngn hng khng c vt qu 2% vn t c.

X l n xu Chnh ph ch o NHNN v cc n v c lin quan thc hin cc gii php nhm gii quyt n xu:

Thng t 11/2013/TT-NHNN ngy 15/5: NHNN ch o cc NHTMNN phi dnh ti thiu 3% tng d n cho vay cc i tng c thu nhp thp thu, mua nh x hi v thu, mua nh thng mi c din tch di 70m2 v gi bn di 15 triu/m2. ng thi, NHNN s ti cp vn trc tip cho cc NHTMNN khong 30 nghn t ng.

B T php khn trng phi hp vi cc B, ngnh ban hnh Thng t v x l ti sn m bo nhm gip cc TCTD nhanh chng thu hi n; i mi nng cao hiu qu thi hnh n dn s bo v quyn ca ch n ca cc TCTD trong qu 1/2013.

Yu cu cc c quan cng an, t php, ta n phi hp y nhanh tin x l cc v n c lin quan n hot ng ngn hng v thi hnh cc v n dn s to iu kin cho cc TCTD thu hi n, gim n xu.

VAMC chnh thc c thnh lp trong thng 7. Ht nm 2013, VAMC mua c hn 38.500 t ng n xu t cc TCTD.



nh hng chnh sch nm 2014

Nm 2013 c nh gi l nm thnh cng ca NHNN trong iu hnh chnh sch tin t v kim sot hot ng ca ngnh. Do , theo nhn nh ca chng ti, s khng c nhiu thay i ln trong nh hng chnh sch chung ca NHNN trong nm 2014.

NHNN s tip tc p ch tiu tng trng tn dng cho tng nhm ngn hng v nh hng cho ton h thng t khong 12%-14%. Tn dng s c u tin cho lnh vc sn xut, c bit l khu vc nng nghip nng thn, sn xut hng xut khu v cng nghip ph tr. Tn dng bng ngoi t s tip tc b kim sot cht ch.

Nhiu c s khng nh rng Thng t 02 s khng li thi gian thc hin, tuy nhin s c mt s thay i v quy nh phn loi v nhn din n xu. Tuy nhin, cc ngn hng s bt buc phi y mnh x l hay bn n xu cho VAMC trong nm nay trc khi Thng t 02 c hiu lc hon ton. Ngoi d nh mua li 70.000 n 100.000 t ng n xu trong nm 2014, th trng ang ch i cch thc VMAC x l bn li s n thu mua. Hin ti, n xu vn c cho l nguyn nhn chnh lm nghn dng tn dng, cng nh n mn li nhun ca cc ngn hng; do , cch thc x l n xu ca VMAC trong nm 2014 c cho l s nh hng ln n hot ng v kt qu kinh doanh ca cc ngn hng.

NHTMCP phi nim yt c phiu nhm cng khai hot ng kinh doanh. y l ch o ca Th tng Chnh ph ti Hi ngh trin khai ngnh ngn hng trong nm 2014. Hin ti mi ch c 8 ngn hng nim yt c phiu trn th trng chng khon. Mc d vy, chng ti cho rng trong bi cnh hin ti th th trng cha sn sng n nht khi lng c phiu rt ln t cc ngn hng. Do vy, c th NHNN s a l trnh nim yt i vi tng nhm ngn hng khc nhau.



NGNH NGN HNG NM 2013 Tng quan ton ngnh

* S liu v ROA, ROE, S lng th tnh n 30/9/2013

Quy m ngnh: S lng ngn hng thng mi tnh n hin ti l 38, bao gm: 5 NHTMQD (ARG, BID, CTG, VCB, MHB) v 33 NHTMCP.

Trong , khi NHTMQD c 5 ngn hng nhng chim n 50% tng ti sn, v c khong cch r rt gia Top 4 NHTMQD so vi cc NHTMCP.

S ngn hng vi s vn iu l trn 10.000 t l 8; s ngn hng vi s vn hn 5.000 t ng l 11.

Vit Nam nm trong s nc c t l d n tn dng so vi tng sn phm quc ni (GDP) thp. T l ny Vit Nam hin ti l 124%, thp hn t l trung bnh ca th gii (170% - ngun: Ngn hng th gii) mt s nc trong khu vc nh Trung Quc, Malaysia, Thi Lan (130-150%)

Hin nay mi ch c 22% dn s Vit Nam tip cn vi cc dch v ngn hng. Con s ny l thp hn nhiu so vi cc nc trong khu vc ng Nam . Kt qu ny cho thy tim nng pht trin dch v ngn hng vn cn rt ln m rng th phn ca cc ngn hng vn rt ln. c bit khi dn s Vit Nam vt 90 triu ngi, ng v tr th 13 trn th gii. Theo nhn nh ca cc

2013 %vs2012Tng ti sn (t) 5,755,869 13.18%Vn CSH 466,926 9.61%Tn dng 3,477,267 12.5%Tin gi 3,583,816 18.0%ROA 0.49% -0.13%ROE 5.18% -1.13%CAR 13.25% -3.64%NPLs 3.78% -0.30%ATMs 15,265 6.45%POS 129,653 27.78%SL th (triu) 62.40 14.94%

SL TCTD 127NH nh nc 6NHTM c phn 33NH LD, NN 59CTTC 28NH HTX 1

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

Viet

inba

nkA

grib

ank

BID

VVi

etco

mba

nkSa

com

bank

Exim

bank

MBB

ank

SCB

ACB

Pvco

mBa

nkSH

BTe

chco

mba

nkH

DBa

nkM

SBLi

enVi

etPo

stVP

Bank

TPBa

nkSe

aBan

kEA

BA

BBVI

Bank

PNBa

nkO

cean

Ban

kM

DB

OCB

Viet

AM

HB

SGB

Nav

iban

kN

am A

Bac

AVi

etCa

pita

lG

PBan

kKi

en L

ong

Viet

Bank

PGBa

nkVN

CBBa

oVie

t64%

129% 124%

0%

20%

40%

60%

80%

100%

120%

140%

-

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013Credit/GDP GDP Credit

Biu : Vn iu l ca cc NHMTM ti 31/12/2013 (t ng); Ngun: SBV, CafeF.vn

Biu : Tn dng so vi quy m GDP (t ng, %); Ngun: GSO, SBV



chuyn gia kinh t th Vit Nam ang bc vo thi k c c cu "dn s vng", vi hn 61 triu ngi (chim 69% tng dn s) ang tui lao ng. Cng vi s gia tng ca dn s th thu nhp ca ngi dn cng tng ln nhanh chng. Hn na, cc c tnh cng ch ra rng quy m cho vay ca th trng ngn hng ngm Vit Nam hin ln ti 50 t USD, bng khong 1/3 so vi quy m ca th trng chnh thc.

S lng th, my POS tng nhanh, thanh ton bng tin mt tip tc c xu hng gim. Theo s liu thng k ca V Thanh ton, tnh n 30/9, S lng my POS t gn 130,000 v s lng th t 62,4 triu. T l tin mt trn tng phng tin thanh ton ca ton h thng ngn hng Vit Nam gim t 20% vo nm 2004 xung cn 14% vo nm 2010 v gim xung cn 10-12% vo nm 2013. Tnh n ht qu 1/2013, c

65% cc n v hng lng t ngn sch nh nc thc hin tr lng qua ti khon ngn hng.

N xu c nhng du hiu tch cc. N xu gim gn 1% so vi nm 2012, v mc 3,78% ti 31/12/2013. Tuy nhin theo thng k, t l n xu thng gim nhng thi im cht s liu bo co ti chnh l thng 6 v thng 12, sau li tng ln. Theo cc nh gi gn y ca Fitch v Moodys, t l n xu ngnh ngn hng Vit Nam c th ln n 15%. Mc d, VAMC c thnh lp v i vo hot ng mi ch t thng 10, v mua c 38.500 t ng n xu thng qua TPB t cc TCTD n ht 31/12/2013. Tuy nhin, hin vn cha c thng tin c th v k hoch x l

n xu sau khi mua li ca VAMC, v cc TCTD vn chu trch nhim d phng

53%49% 47% 47%

32% 30%

22%

10.00%10.50%

11.00%11.50%12.00%

12.50%13.00%

13.50%14.00%14.50%

Jan-

12

Mar

-12

May

-12

Jul-1

2

Sep-

12

Nov

-12

Jan-

13

Mar

-13

May

-13

Jul-1

3

Sep-

13

4.08%

4.73%

3.78%

3.00%3.20%3.40%3.60%3.80%4.00%4.20%4.40%4.60%4.80%5.00%

Dec

-12

Jan-

13

Feb-

13

Mar

-13

Apr

-13

May

-13

Jun-

13

Jul-1

3

Aug

-13

Sep-

13

Oct

-13

Nov

-13

Dec

-13

NPLs

T l dn s tip cn dch v ngn hng, Ngun: Tng hp

T l tin mt trn tng phng tin thanh ton, Ngun: SBV

T l n xu ton ngnh, Ngun: SBV



20% i vi TPB s hu. Do , n xu vn cn l vn nhc nhi, v vn tip tc n mn vo li nhun ca cc ngn hng trong thi gian ti.

Tng trng tn dng Tng trng tn dng ci thin tt, ng gp nhiu bi khi cc NH bn l. Tn dng c bc tng trng t ph vo thng 12, a tng trng tn dng c nm vt mc tiu ra. Tuy cha c s liu thng k c th, nhng ch trong vng 2 tun cui nm 2013, tn dng tng trng thn k gn 4% cn ch 12,51% vo cui nm. iu ny t ra cu hi v cht lng tn dng ca cc ngn hng.

Tng trng tn dng c dn dt bi nhm cc ngn hng bn l nh SHB (34%), VPBank (28% tnh n 30/9) v STB (15%).

Dn u v li nhun sau thu nm 2013 ton h thng vn l 3 NHTMQD bao gm Vietinbank, Vietcombank v BIDV khi ln lt t 5,810 t, 4,371 t ng v 4,065 t ng. Trong khi , nhm NHTMCP ch c duy nht MBB v STB c mc sinh li n tng v t c ch tiu k hoch li nhun trc thu ra; trong khi NVB v EIB mi ch thc hin 26 - 27%, ACB v Techcombank 48-50% k hoch. Do , t l li nhun trn vn ch s hu ca cc ngn hng c s chnh lch rt ln.

26.16%

52.42%

8.91%

12.51%

0%

10%

20%

30%

40%

50%

60%

-1.40%

4.60%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

Jan-

13

Feb-

13

Mar

-13

Apr

-13

May

-13

Jun-

13

Jul-1

3

Aug

-13

Sep-

13

Oct

-13

Nov

-13

Dec

-13

Tng trng tn dng 2013, Ngun: SBV Tng trng tn dng 2004-2013, Ngun: SBV

ROE ca cc ngn hng nm 2013 (%), Ngun: BCTC, Nhm phn tch

15.2414.19 13.8

12.710.7

7.3 6.694.42 4.24

1.35 0.7

MBB STB VCB BID CTG SHB ACB EIB TCB VIB NVB



Li sut huy ng v cho vay Trn li sut huy ng gim t 7,5% xung 7% v dng nh chm y.

Trong nm 2013, cc mc li sut iu hnh ca NHNN c iu chnh gim hai ln.

Li sut ti cp vn gim t 9% xung 7%; li sut ti chit khu t 7% xung 5%; li sut OMO t 7% xung 5,5%/nm;

Li sut huy ng VND gim t 8% xung 7%/nm, p dng cho cc khon huy ng c k hn di 6 thng. Cc TCTD c php t n nh li sut i vi cc k hn trn 6 thng; Nhn chung, li sut huy ng v cho vay gim 5-7% so vi nm 2011.

Li sut th trng lin ngn hng cng dn n nh vo 6 thng cui nm 2013.

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

Prime rate Refinance rate Discount rate

OMO rate Deposit's celling interest rate

0.01.02.03.04.05.06.07.08.09.0

2-Ja

n16

-Jan

30-J

an13

-Feb

27-F

eb13

-Mar

27-M

ar10

-Apr

24-A

pr8-

May

22-M

ay5-

Jun

19-J

un3-

Jul

17-J

ul31

-Jul

14-A

ug28

-Aug

11-S

ep25

-Sep

9-O

ct23

-Oct

6-N

ov20

-Nov

4-D

ec18

-Dec

ON 1w 2w 1m

Li sut lin ngn hng (%), Ngun: Nhm phn tch, SBV

Li sut iu hnh, Ngun: Nhm phn tch, SBV



Mng li Cc ngn hng khim tn m rng mng li nm 2013. Nguyn nhn l do quy nh xit cht li mng li ca NHNN nhm tng hiu qu hot ng ca mng li ang c ca cc ngn hng. Theo , cc ngn hng vi n xu vt qu 3% ca nm trc khng c php m thm chi nhnh, nu khng k n mt s ngn hng ang gp kh khn ti c cu th y c l l nguyn nhn ch yu dn n vic rt t ngn hng m rng mng li giao dch trong nm qua. Ch c mt s ngn hng vn tip tc t m thm chi nhnh trong nm nay

nh Vietinbank, Vietcombank, MBBank.

Chin lc/ Xu hng trong hot ng kinh doanh nm 2013

Cc ngn hng y mnh u t vo chng khon, c bit l tri phiu chnh ph. Nguyn nhn l do u ra cho dng tn dng kh khn, cc ngn hng d tha vn u chn gii php u t vo chng khon, hoc knh an ton l tri phiu chnh ph.

Cc ngn hng ang y mnh kinh doanh vo th trng bn l. STB, SHB ang rt thnh cng trong tng trng tn dng nh gia tng cc chng trnh cho vay ti c nhn v h gia nh. Trong , Sacombank trin khai 32 chng trnh tn dng bn l u i thng qua lin kt vi chnh quyn cc a phng, qua d n cho vay bn l ng gp trn 50% trong tng mc tng trng tn dng ca Sacombank.

Bn cnh , nhiu ngn hng khc cng ang trin khai nghip v cho vay hng ti ngi tiu dng (Consumer Finance). R rng nht l vic HDBank mua li cng ty SGVF v i tn thnh HDFinance. SGVF l cng ty ti chnh tiu dng ln th 3 ti Vit Nam sau Home Credit v Prudential Finance. Trong khi , VPBank tuyn thm hn 1.500 nhn vin ch trong 9 thng u nm trin khai dch v ny bng cch thnh lp khi tn dng tiu dng vi tn gi FECredit. ANZ cng tch nghip v cho vay tiu dng ra khi khi khch hng c nhn.

2013 2012 (+/- %) 2013 2012 (+/- %) 2013 2012 (+/- %)SHB 76,469 56,871 34.5% 18,655 12,549 48.7% 90,833 77,680 16.9%MBB 88,253 74,564 18.4% 45,722 41,660 9.7% 136,675 117,920 15.9%STB 107,848 94,080 14.6% 19,893 19,923 -0.1% 131,427 107,087 22.7%BID 388,931 337,627 15.2% 67,541 48,343 39.7% 339,898 303,949 11.8%VCB 272,685 239,778 13.7% 64,332 77,844 -17.4% 331,528 286,064 15.9%CTG 374,857 331,936 12.9% 81,863 72,418 13.0% 364,576 289,597 25.9%EIB 83,354 74,922 11.3% 14,655 11,752 24.7% 79,580 70,516 12.9%VIB 35,814 34,207 4.7% 21,051 13,694 53.7% 43,724 39,400 11.0%ACB 106,178 101,832 4.3% 33,282 24,324 36.8% 138,669 126,680 9.5%TCB 70,275 68,261 2.9% 49,846 46,654 6.8% 120,549 112,545 7.1%

Cho vay u t chng khonNgn hng

Tin gi

2,294

1,123

695

413 409 345 310219 208 207 188 152

ARG CT

G

BID

V

STB

VCB

ACB TC

B

MSB

VPB EI

B

MB

VIB

S lng chi nhnh, Ngun: Tng hp



ng thi tng cng nng cp h thng, cng ngh tng th phn. Theo thng k th Vit Nam hin c ti 16,4 triu ngi s dng Internet v gn 20% dn s s dng Smartphone vi gn 4 triu thu bao 3G. Do vy, chng ti nhn thy cc ngn hng ang y mnh u t nhm tm kim cc knh bn hng thay th cho knh bn hng truyn thng thng qua h thng cc im giao dch. Chin lc ny cng ph hp vi nh hng ca NHNN khi kim sot cht ch vic cc TCTD m rng mng li giao dch theo quy nh ti Thng t 21/2013. Mt s hot ng lin kt, nng cp cng ngh ng ch trong nm nh: Vietinbank v DongAbank a vo s dng ATMs th h mi vi chc nng nhn tin gi (deposits); Sacombank trin khai h thng iBanking mi vi s hp tc ca Infosys; Eximbank trin khai h thng ATM nhn din m vn tay; MBB trin khai h thng qun l quan h khch hng tin tin CRM vi Viettel; Vietcombank phi hp vi Viettel trin khai dch v MobileBankplus.

S kin ni bt khc Du n M&A trong hot ng ti c cu ngnh ngn hng nm 2013: n cui nm 2013, c 8/9 TCTD yu km bc u thc hin k hoch ti c cu c thng qua; TCTD cn li l GPBank ang ln k hoch bn 100% c phn cho UOB ca Singapore. ng thi c thm 8 TCTD yu km c NHNN tip tc pht hin.

Trong nm qua, hot ng M&A trong ngnh ngn hng c mt s thng v M&A ni bt nh: Ngn hng Bank of Tokyo Mitsubishi UFJ mua li gn 20% c phn Vietinbank, st nhp 2 TCTD yu km Westernbank v PVFC thnh Ngn hng i chng Pvcombank, v st nhp t nguyn HDBank DaiAbank. Ngoi cc trng hp trn, mt thng v khc cng c thc hin thnh cng l c ng c ca TrustBank bn 85% c phn cho nhm cc c ng mi l Tp on Thin Thanh v 20 nh u t khc ri i tn thnh Ngn hng Xy dng Vit Nam; DOJI mua 20% c phn TienPhongBank. Trong khi , ch trng ca Chnh ph l tip tc r sot cc TCTD yu km buc ti c cu, st nhp, hp nht; v mc tiu c NHNN cp l a s lng ngn hng v khong 15 ngn hng hot ng lnh mnh nm 2017. Do , c th hot ng M&A s vn rt si ng trong nm ti.



NHM CNH TRANH TRC TIP: TCB, ACB, EIB, MBB, STB Nm 2013, c s khc bit rt ln trong kt qu kinh doanh ca 5 ngn hng trong nhm cnh tranh trc tip. Trong khi MBB v STB l hai ngn hng c s tng trng cao vi ch s ROE ng u ton h thng ngn hng. EIB mi ch hon thnh khong 30% k hoch LNTT ra; ACB v TCB hon thnh 50% k hoch

ROE 2012 2013 MBB 17.3% 15.2% STB 7.1% 14.2% ACB 5.9% 6.7% EIB 13.7% 4.4% TCB 9.0% 4.2%

CN+PGD 2012 2013 STB 411 417 ACB 342 345 TCB 310 301 EIB 207 207 MBB 174 179

CBNV 2012 2013 STB 9,596 10,310 ACB 9,906 8,791 TCB 6,946 6,938 MBB 5,157 5,470 EIB 5,790 5,336

MBB vn ln dn u v ch tiu tng ti sn. Tuy khong cch v tng ti sn gia cc ngn hng khng ln nhng xu hng ch ra rng MBB ang tng trng ln mnh m v c th to khong cch vi nhm 4 ngn hng cn li trong thi gian ti. Trong nm 2013, ch c MBB v STB tng trng tng ti sn, vi tc tng ln lt l 5,88% v 1,57%. Trong khi , TCB c s st gim kh ln 11,58% so vi nm 2012.

V huy ng, MBB v STB cng l hai ngn hng c mc tng trng tt, tng ng vi mc tng trng tin gi ton h thng. Nguyn nhn chnh MBB c c s tng trng tt nh ngun lc rt ln t cc tp on, tng cng ty qun i. Huy ng vn t cc t chc kinh t hin ang chim 63,4% trong tng c cu ngun vn huy ng ca MBB, c bit l li th t Tp on Viettel (tp on ny lp k lc v doanh thu v li nhun trc thu trong nm 2013 mc ln lt 162.886 v 35.086 t ng). Trong khi , tuy ACB vn dn u v ch tiu huy ng vi 141.669 t ng nm 2013, y cng l ngn hng duy nht trong nhm c mc tng trng huy ng m trong nm nay.

V d n cho vay, Sacombank chnh thc vt ACB tr thnh ngn hng c s d n ln nht trong nhm NHTMCP. C c kt qu ny l do Sacombank ch ng y mnh kinh doanh phn khc khch hng bn l. D n cho vay bn l, cho vay h kinh doanh hin ang ng gp trn 50% trong tng mc tng trng d n trong nm 2013. Trong , ng ch khi Sacombank tin phong trong vic cho vay cc h tiu thng thng qua chng trnh kt ni gia ngn hng, doanh nghip v chnh quyn cc a phng ti Tp.HCM. Trong khi , MBB l ngn hng c mc tng trng cao nht vi 18.36% so vi cui nm 2012. iu ng ch l 50% tng trng tn dng ca MBB l vo qu IV trong khi ngn hng ny khng tung ra nhiu gi tn dng u i n vi khch hng trong sut nm. Do , rt c th tng trng tn dng ca MBB tip tc n t nhng i tc doanh nghip ln.

160

170

179

0

50

100

150

200

250

300

2007 2008 2009 2010 2011 2012 2013

TCB ACB STB EIB MBB

Tng trng Tng ti sn 2007-2013 ca cc ngn hng (nghn t ng), Ngun: BCTC



Mc d d n ca TCB l kh thp, tuy nhin TCB ang c lng u t vo chng khon u t l ln nht. Do vy, nu tnh c s d tri phiu ny th d n ca Techcomnbank hin ang tng ng vi ACB v STB.

Items Absolute

value ranking

Banks 31/12/2013 +/- year beginning % year

beginning %

ranking

Assets 1 MBB 178,785 2,766 1.57% 2

2 Exim 170,000 -296 -0.17% 3

3 ACB 166,291 -9,047 -5.16% 4

4 STB 160,170 8,888 5.88% 1

5 TCB 157,184 -20,552 -11.56% 5 Deposits 1 ACB 141,669 -3,512 -2.42% 5

2 MBB 138,675 20,675 17.52% 1

3 Sacom 131,928 17,065 14.86% 2

4 TCB 125,196 4,199 3.47% 4

5 Exim 87,258 4,862 5.90% 3 Loans 1 Sacom 107,848 13,768 14.63% 2

2 ACB 106,179 4,347 4.27% 4

3 Exim 88,354 13,689 11.25% 3

4 MBB 88,253 8,432 18.36% 1

5 TCB 70,275 2,014 2.95% 5 PBT 1 MBB 2,940 -84 -

2 Sacom 2,838 1,524 -

3 ACB 1,005 -140 -

4 Exim 827 -2,001 - 5 TCB 735 -486 -

T trng thu nhp li trn tng thu nhp hot ng ca cc ngn hng vn rt cao, khong 80%. Do , hu ht cc ngn hng u chu tc ng rt ln ca tng trng tn dng ln kh nng sinh li nhun. Ch c MBB v STB l 2 ngn hng c mc tng tn dng tt trong nm 2013, t l thu nhp li bin (NIM) cng cao hn cc i th, do , li nhun to ra trong nm 2013 cng l tt hn so vi cc ngn hng cnh tranh.

C cu thu nhp ACB EIB STB MBB TCB Thu nhp li 76.8% 84.5% 87.1% 80.4% 79.5%

Thu nhp ph 12.7% 8.3% 11.8% 9.2% 11.1%

Thu nhp ngoi hi/vng -1.4% -3.5% -2.9% 1.3% -2.2%

Thu nhp chng khon KD 0.2% 0.0% -0.9% 0.0% 1.4%

Thu nhp chng khon u t 8.1% -0.1% 0.4% 0.5% 2.9%

Thu nhp khc 0.5% 6.3% 1.9% 7.4% 7.1%

Thu nhp gp vn, c phn 2.9% 4.5% 2.7% 1.1% 0.2%

TNG THU NHP 100% 100% 100% 100% 100%



1.8%

2.8%

3.1%

3.6%

4.8%

EIB

ACB

TCB

MBB

STB

Mt s ch tiu so snh khc: T l n xu ca TCB vn kh cao so vi cc ngn hng so snh theo s liu bo co ti chnh 31/12/2013. T trng chi ph hot ng/thu nhp hot ng ca cc ngn hng l r cao, 60-70%. Tuy nhin, MBB vi b my nh hn cc ngn hng khc (s lng chi nhnh v nhn vin thp hn cc ngn hng so snh) , vi li th ngun huy ng v cho vay tt hn nn ngn hng ny c ch s C/I thp nht h thng vi ch 35%. V t trng d n/huy ng, TCB hin thp nht trong nhm ngn hng cnh tranh. Tuy nhin, nu cng c ch tiu v u t chng khon th t trng ny ca cc ngn hng l tng ng nhau.

1.5%

2.0%

2.4%

3.0%

3.7%

STB

EIB

MBB

ACB

TCB

36.2%

55.6%

61.7%

65.3%

73.1%

MBB

STB

TCB

EIB

ACB

58.3%

64.6%

76.6%

82.1%

104.7%

TCB

MBB

ACB

STB

EIB

T trng C/I ca cc ngn hng 2013

T l n xu (NPLs) ti 31/12/2013 T l li thun bin (NIM) 2013

T trng d n/huy ng (LDR) 31/12/2013



TRIN VNG NGNH NM 2014 Cng vi k vng kinh t nm ti s khi sc hn, tng trng tn dng cng c d bo kh quan hn, mc 13-15%. Chng ti cho rng mc tiu tng trng tn dng 14% nm 2014 l kh thi. Vi mc tiu lm pht 6-7%, mt bng li sut s tip tc duy tr n nh nh na cui nm 2013. NHNN ra ch trng tit kim chi ph hot ng cho cc ngn hng c d a gim li sut; tuy nhin, chng ti cho rng ch yu li sut s gim cho cc khon vay c v mt bng chung li sut hin nay. Mt bng chung li sut cho cc khon vay mi ch c th gim thm 0,3-0,5% trong nm nay.

Cng vi vic cc ngn hng ang y mnh tn dng thng qua cc chng trnh tn dng vi li sut u i, h s NIM ca cc ngn hng s kh ci thin trong nm 2014. Do , chng ti nhn nh cc ngn hng, c bit l nhm NHTM vi bt li v chi ph vn cao s y mnh u t chng khon, trong ch yu l tri phiu chnh ph v tn phiu ngn hng nh nc. Bn cnh , th trng vng v th trng ngoi hi cng vn c kim sot n nh, cc nh u t s ch trng hn n th trng chng khon, v cc ngn hng cng s y mnh mng chng khon kinh doanh ca mnh.

T 2014, hot ng kinh doanh ca cc ngn hng, c bit l cc ngn hng TMCP s tip tc m rng lnh vc bn l, cho vay tiu dng. Cng vi l a dng ha cc hot ng kinh doanh thu ph, gim dn s ph thuc vo ngun thu chnh n t tn dng. Vi quy m th trng 90 triu dn ang rt tr, v s lng ngi s dng internet, mobilephone tng nhanh; cng vi bi cnh u ra tn dng cho cc doanh nghip vn cha hi phc mnh m; nn y s l th trng c s cnh tranh gay gt trong nhng nm ti. Bn cnh , theo cnh bo ca cc chuyn gia, th trng ny s ch yu c khai thc bi cc ngn hng nc ngoi, cc ngn hng Vit Nam s phi ch ng trong chin lc cnh tranh th phn vi cc i th ny.

nng tnh cnh tranh ch ng, cc ngn hng s tip tc y mnh nng cp h thng thng vn hnh. Vi mc tiu chnh l tng cng khai thc th trng bn l, cc ngn hng s tm kim cc knh bn hng khc bn cnh knh giao dch truyn thng. Chng ti cho rng, cc ngn hng s khng y mnh m rng mng li chi nhnh, phng giao dch nh thi gian va qua; thay vo l trin khai cc knh bn hng qua ATM, internet banking, mobile banking bng cch nng cp h thng vi cc ng dng cng ngh mi.

Hot ng M&A 2014 s si ng vi cc chin lc m rng quy m v nng lc ca cc ngn hng. Cc ngn hng tip tc ti c cu theo ch trng chung ca Chnh ph l khuyn khch st nhp, hp nht. Bn cnh , mt s ngn hng li mun nng cao nng lc qun tr qua hp tc vi cc ngn hng nc ngoi. Theo , th trng M&A nm 2014 ang k vng mt s thng v nh: Eximbank v Sacombank st nhp, BIDV, MBBank, HDBank ln k hoch tm i tc chin lc nc ngoi; UOB mua li ngn hng GPBank; ti c cu 8 TCTD yu km mi c pht hin.



CHIN LC TECHCOMBANK 2014 Vi nhng phn tch v ngnh ngn hng Vit Nam hin nay v trin vng/xu hng chung cho nm 2014, chng ti mnh dn a ra nhng khuyn ngh sau cho Techcombank:

Th nht,



PH LC 1: DIN BIN S KIN NM 2013

Thi gian S kin

24-Dec-12 NHNN iu chnh: Li sut ti cp vn 9%; li sut ti chit khu 7%; Li sut cho vay qua m 10%/nm

7-Jan Thng t 01/2013 (sa i Thng t 21/2012): Theo cc TCTD c php gi, nhn tin gi vi k hn ti a 3 thng; ti thi im thc hin giao dch i vay, TCTD khng c c cc khon n qu hn 10 ngy tr ln ti cc TCTD khc tr trng hp c cho php.

9-Jan NHNN: C nm 2012 tn dng tng 8,91% trong , tn dng VND tng 11,51%, tn dng bng ngoi t gim 1,56%. M2 tng 22,4%, mt bng li sut huy ng VND gim 3-6%/nm; li sut trn th trng lin ngn hng gim 10-11%/nm.

10-Jan n Cng ty mua bn n quc gia (VAMC) c trnh cho B Chnh tr trong Thng 1/2013.

21-Jan Thng t 02 quy nh v phn loi ti sn c v vic d phng ri ro: cc khon tin gi ti TCTD khc s ko cn trch lp d phng ri ro; xp hng mc ri ro doanh nghip l xp hng cao nht trong cc khon tn dng ti cc TCTD.

31-Jan Ch th 01/NHNN-2013: k hoch tng tng phng tin thanh ton M2 14-16%, tng tn dng khong 12%; ng thi giao ch tiu, kim sot tng tn dng ca tng TCTD; chm dt huy ng v vay vn bng vng.

1-Mar TT04 quy nh TCTD phi trch lp d phng vi cc khon chit khu GTCG, hiu lc t 1/5/2013.

28-Feb Hp thng k Chnh ph thng 2/2013: Tn dng tng -0,16% trong 2 thng u nm; M2 n 21/2 tng 3,31% so vi 2012; tng huy ng n 21/2 tng 1,84%; t l n xu gim 2,6% xung cn 6% so vi 30/6/2012.

1-Mar Thng t 35/2012 c hiu lc v vic thu ph dch v ATM i vi th ghi n ni a.

14-Mar Thng t 07/NHNN-2013 quy nh v vic kim sot c bit TCTD. Theo , TCTD c th s buc phi hp nht, st nhp nu b kim sot c bit. Thng t c hiu lc t 27/4.

18-Mar UBTVQH ng : gi nguyn thu GTGT; gim thu thu nhp doanh nghip t 25% xung 23%; ring doanh nghip SMEs l 20%.

26-Mar NHNN gim 1% cc li sut ch cht: Li sut ti cp vn 8%; Li sut ti chit khu 6%; Li sut vay qua m 9%/nm.



3-May NHNN c bo co v tnh hnh hot ng ngn hng, theo tnh n 23/4, huy ng vn tng 5,34% v tn dng tng trng 1,4% so vi cui nm 2012.

10-May Li sut ti cp vn gim t 8% xung 7%/nm; li sut ti chit khu gim t 6% xung 5%/nm, li sut cho vay qua m gim t 9% xung 8%/nm. Theo , li sut cho vay ngn hn ti a bng VND gim t 115 xung 10%/nm.

15-May Thng t 11/NHNN-2013 v cho vay h tr mua nh x hi cho cc c nhn v doanh nghip, tng gi tr gi tn dng l 30.000 t ng.

18-May Th tng k quyt nh thnh lp VAMC v s i vo hot ng t 9/7/2013, theo cc TCTD c t l n xu trn 3% phi bn n xu cho VAMC.

27-May NHNN ban hnh Thng t 12/NHNN-2013 li thi gian hiu lc ca Thng t 02 v ngy 01/06/2014.

27-May Tnh n 22/5, tn dng ton h thng tng 2,29%; tn dng VND tng 4,57%, tn dng ngoi t gim 8,07%; huy ng ton h thng tng 0,58%.

31-May T l n xu ton ngnh ngn hng l 4,65% trong khong 30% TCTD khai bo t l n xu ca mnh hin mc trn 3%.

17-Jun Hi ngh s kt 6 thng u nm NHNN, tnh n 31/5, M2 tng 5,46%, huy ng vn ton h thng tng 6,50%, tn dng ton h thng tng 2,98%.

27-Jun Ban hnh Thng t 15/NHNN-2013 quy nh v li sut ti a vi tin gi VND ti TCTD. The , li su tin gi c k hn 6 thng tr ln do cc TCTD t n nh.

27-Jun Li sut cho vay vi 5 lnh vc u tin gim t 10% xung 9%/nm. Li sut huy ng di 1 nm v 7%. Li sut tin gi khng k hn gim t 2% xung 1,2%/nm; li sut tin gi USD ca t chc gim t 0,5% xung 0,25%/nm; vi c nhn gim t 2% xung 1,25%/nm.

27-Jun NHNN iu chnh t gi VND/USD ln 1%, t 21.036.

30-Jun Tt c cc TCTD hon thnh tt ton trng thi vng, chnh thc chm dt hot ng cho vay bng vng.

1-Jul NHNN yu cu NHTM tm dng gi h vng, v xin cp php ca NHNN nu cung cp dch v.



4-Jul Tng trng tn dng n cui thng 6 t 4,5%.

4-Jul NHNN ra cng vn s 4713/CV-NHNN yu cu 14 NHTM gim li sut cho vay i vi lnh vc cng ngh xung cn 9%/nm

30-Jul Tng trng tn dng n cui thng 7 t 5,12%.

13-Aug Bo him tin gi Vit Nam chnh thc c thnh lp.

20-Aug Tng trng tn dng n 20/08 t 5,41%.

6-Sep Thng t 19/NHNN-2013 quy nh v vic mua bn n xu ca VAMC v cc TCTD: TCTD c cp tn dng cho khch hng c n xu bn, tri phiu c bit ch c s dng vay ti cp vn ti NHNN,

9-Sep Thng t 20 quy nh v vay ti cp vn trn c s tri phiu c bit ca VAMC, theo , mc ti cp vn khng qu 70% so vi mnh gi TPB

9-Sep

Thng t 21/NHNN-2013 quy nh v mng li hot ng ca NHTM, theo , PGD khng c cp tn dng vt qu 2 t ng/khch hng tr trng hp c bo m ton b bng s tit kim, GTCG do NH pht ra, TPCP v tn phiu KBNN; Cc NH ch c thnh lp ti a 10 CN ti HN v HCMC; khng thnh lp qu 5 CN trong 1 nm ti chnh; chuyn i s giao dch thnh chi nhnh, qu tit kim/im giao dch thnh phng giao dch;

14-Sep Bo co NHNN, n ht 31/8, tn dng ton h thng t 6,45% so vi 2012; VND tng 10,4%, USD gim 11,55%; huy ng ton h thng tng 10,49%, huy ng VND v USD tng 11,04% v 7,23%;

15-Sep K t 15/9, VAMC c mua bn n xu vay bng ngoi t, vng, VND thng qua pht hnh tri phiu c bit.

17-Sep NHNN: n cui thng 8/2013, tn dng tng 6,45% so vi cui nm 2012. Trong , tn dng bng VND tng 10,4%; tn dng ngoi t gim 11,55%. Tng phng tin thanh ton tng 9,16%.

26-Oct Tn dng n 23/10 tng 6,48% so vi nm 2012.



6-Dec Thng t 29/NHNN-2013 quy nh cho vay bng ngoi t ca TCTD. Theo , NHNN tip tc cho php mt s nhm i tng c vay vn bng ngoi t n ht ngy 31/12/2014.

6-Dec Th tng va ban hnh Quyt nh v li sut ti cp vn ca NHNN i vi cc TCTD trn c s TPB ca VAMC, c th, mc li sut ti cp vn s thp hn 2%/nm so vi mc li sut ti cp vn do NHNN cng b trong tng thi k.

10-Dec NHNN c cng vn s 9312/CV-NHNN v vic kim tra cc TCTD cho vay vi li sut thp hn li sut huy ng.

18-Dec Hi ngh trin khai ngnh ngn hng nm 2014: Tnh n 30/11, PBT ton h thng t 29500 t ng, tng 3,2% so vi cui nm 2012; Huy ng ton h thng tng 15,61%, VND v USD tng ln lt 15,93% v 13,7%; Tn dng ton h thng tng 8,83%.

26-Dec Thng t 32/NHNN-2013 hng dn thc hin cc quy nh v hn ch s dng ngoi hi trn lnh th Vit Nam.

30-Dec Vn bn 02/KH-NHNN v k hoch tng th pht trin thanh ton th qua POS giai on 2014-2015.

31-Dec Thng t 34/NHNN-2013 quy nh v pht hnh k phiu, tn phiu, chng ch tin gi, tri phiu trong nc ca cc TCTD. Theo , cc TCTD s khng c mua trc tip GTCG ca nhau.

vietnamese banking industry analysis 2013

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