Hong Phuc
The network’s capital adequacy ratio (CAR) stood at 14.25% at the end of May, a mild increase from 13.41% by late April.
The ratios of return on equity (ROE) and return of assets (ROA) in May were unchanged compared the previous month, standing at 2.52% and 0.23% respectively. By late March, the ratios were 3.97% and 0.48% respectively.
The ratio of short-term capital used as long-term loans had declined from 16.64% to 16.27%. The credit-to-deposit ratio had also eased to 87.44% from 87.87% in late April.
The total assets of the entire system had reached over VND5,200 trillion, a slight rise compared to late April and up 2.7% against the end of 2012. Meanwhile, chartered capital of the system had picked up 2% against late 2012 to over VND400 trillion.
There have been concerns over reliability of data of the banking system over bad debts. For instance, Barclays predicted the bad debt ratio of the local banking system at 20% while Fitch’s projected it at 15% at the end of 2012.
Concerning the problem, a leader of SBV told the Daily that the figure calculated basing on current lawful regulations must be recognized.
Each organization will give a figure basing on its own calculations, suggesting organizations have different evaluation methods. This is normal, the official said.
He said that banking data are relative. The most important thing is that administering agencies should understand the nature of the problem and they should not be fooled by the figures.
Đăng ký: VietNam News
