Investor Presentaiton
5 Consistently strong profitability and performance
FY ended 31 December
2014A
2015A 2016A
2017A 2018A
2019A
2020A
2021
Net interest margin
2.40%
2.57% 2.64%
2.66%
2.95%
3.13%
2.92%
3.16%
Non-interest income/Operating Income
32.0%
27.1% 25.5%
25.4%
27.67%
24.39%
26.04% 25.26%
Pre-Provision Operating Profit/Equity
24.4%
29.2% 32.1%
34.9%
44.74%
41.82%
36.68% 35.20%
ROAA
0.88%
0.85%
0.93%
1.00%
1.38%
1.61%
1.45%
1.60%
ROAE
11.0%
12.0%
14.7%
18.1% 25.46%
25.88%
21.11% 21.58%
Operating income structure (2021)
Investment;
0,3%
FX; 7,7%
Services;
13,1%
Vietcombank
Together for the future
Cost to income ratios
55%
Other; 4,2%
50%
45%
40%
VND
35%
56,711bn
30%
Interest;
74,7%
25%
20%
2015
2016
2017
2018
2019
2020
2021
VCB
-CTG
=BIDV -TCB
MBB
VPB
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