VCB_4Q23 Analyst Meeting_Key Takeaways

VCB’s 4Q23 PATMI reached VND9.4 tn (+29% QoQ / but -6% YoY). 2023 PATMI was VND33 tn (+11% YoY), fulfilling 92% of our forecast.

Loan growth was 10.9% YoY, driven by wholesale (+18.6% YoY). VCB will continue to focus on wholesale lending in 2024.

For the complete report, please access here: VCB_4Q23_Analyst Meeting_Key Takeaways

Analyst: Tanh Tran, tanh.tran@yuanta.com.vn