bảng đánh giá ngân hàng việt nam của FITCH

Fitch considers the 15% stress test as its ?~base casê?T, given already existing
weaknesses within the Vietnam banks?T loan books (as indicated by the generally
high level of classified or impaired loans under IFRS for those banks that have
reported such data, see Annex) and the very challenging economic environment.
The agency notes that it is possible the smaller private banks of ACB and
Sacombank would probably have had significantly better loan quality than the
statê?owned banks (see Annex for comments on loans classifications under VAS and
IFRS). Nevertheless, with these banks having grown their loan books particularly
fast in recent years they are probably more exposed to a general economic
slowdown than the statê?owned banks. This is especially so as they are more
focused on SMEs which, as discussed, are generally viewed by Fitch as higher risk in
this environment. At the same time, the agency notes the possibility that the
government may well require the statê?owned banks ensure credit flow to stateowned
and even some private companies, which may well result in problematic
loans for them, albeit presumably ultimately largely covered by the state.
Table 5: Asset Quality Ratios at End?2007
, VAS a Agribank BIDV Vietcombank Vietinbank Sacombank ACB
NPLs/total loans a 1.90 4.34 3.87 2.63 0.23 0.08
Reserves/NPLs (C?E) 96.56 50.68 58.58 66.10 219.75 508.19
Reserves/total loans 1.83 2.20 2.27 1.74 0.50 0.42
Net NPLs/total loans 0.07 2.14 1.60 0.89 ?0.27 ?0.34

Annex
Fitch notes that on a VAS basis, the NPL ratios for the smaller private banks
(substandard, doubtful and bad) are negligible, although only slightly lower than for
the larger statê?owned banks (see Tables 6 and 7 below), which is probably mostly
due to legacy problem loans at the latter. On an IFRS basis, there is no comparable
data as the smaller banks do not yet report under these standards. For the stateowned
banks, however, IFRS?based impaired loans (classified as substandard,
doubtful and bad) are quite substantial (though this varies across banks and has
generally declined over time ?" see Table 6). Whether the smaller banks would
report such high impaired loan ratios under IFRS is not clear. Fitch suspects that
they would not.
One reason for the larger banks?T high level of IFRS?based impaired loans relates to
their tendency to grant long?term ?" say fivê?year ?" loans on a onê?year contractual
basis, without requiring any principal repayment at the end of each year (only
interest). Under such an arrangement, loans to weak borrowers may well not arise
as non?performing (as the borrowers are only required to pay interest, not
principal) under VAS. Such loans, however, are likely to be captured as impaired
under IFRS, which includes loans to borrowers with weak financials, or who are
operating in a weak industry. The tendency of the statê?owned banks to provide
such loans probably reflects their historical practices and their greater focus on
borrowers that require long?term loans (eg statê?owned companies building
infrastructure and large property developments).
The smaller private banks tend to be more small?business focused (and more retailfocused).
Their business?loan books, therefore, should be made up of more shortterm
working capital/small expansion?type facilities.
Table 6: Loan Classifications for SOCBs
Agribank a BIDV Vietcombank Vietinbank

(IFRS)
2006
(VAS/IFRS)
9M08
(VAS)
2007
(IFRS)
2007
(VAS)
9M08 b
(VAS)
2007
(IFRS)
2007
(VAS)
9M08
(VAS)
2007
A (current) 69.20 78.83 74.21 75.18 91.13 94.66 53.52 97.33 91.51
B (special mention) 14.28 17.18 21.44 21.22 3.19 2.04 32.05 1.22 5.86
C (substandard) 12.82 2.59 2.68 2.60 2.27 0.92 8.76 0.54 0.43
D (doubtful) 2.36 0.66 0.18 0.16 1.15 0.69 3.23 0.14 0.37
E (bad) 1.34 0.74 1.48 0.85 2.27 1.68 2.45 0.77 1.83
Total gross loans 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
NPLs (C?E) 16.52 3.99 4.34 3.60 5.68 3.29 14.44 1.45 2.63
a Actual 2006 classifications, 2007 not available
b Unconsolidated.
Source: Bank data, Fitch
Table 7: Loan Classifications for JSCBs
ACB Sacombank
(VAS)
9M08
(VAS)
2007
(VAS)
9M08
(VAS)
2007
A (current) 97.76 99.69 98.67 99.62
B (special mention) 1.77 0.22 0.85 0.15
C (substandard) 0.22 0.03 0.21 0.02
D (doubtful) 0.16 0.02 0.07 0.04
E (bad) 0.08 0.03 0.21 0.17
Total gross loans 100.00 100.00 100.00 100.00
NPLs (C?E) 0.46 0.08 0.49 0.23

Mỗi ACB, VCB và SCB là còn tàm tạm.

Tuy nhiên vác cái hạng D, D/E đi vay vốn nước ngoài thì bị charge rất đắt do có độ rủi ro cao. Hoá ra NH Nông Nghiệp, Công Thương, Đầu Tư xưa nay nhờ vào thói cửa quyền toàn thằng chột làm vua xứ mù à