ANNUAL REPORT 2022
I

VIETCOMBANK PROFILE
II

REPORT OF THE BOM AND BOD
III

ORGANIZATION AND HUMAN RESOURCES
IV

CORPORATE GOVERNANCE
V

SUSTAINABLE DEVELOPMENT REPORT
VI

FINANCIAL STATEMENTS

OUTSTANDING ACHIEVEMENTS IN 2022

Messages from Chairman of the Board of Directors and CEO

Key financial ratios

10 notable events of Vietcombank in 2022

DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT
Key financial ratios

Unit: VND billion, %

2018 2019 2020 2021 2022
Key business indicators
Total assets 1,074,027 1,222,814 1,326,230 1,414,986 1,813,815
Shareholders’ equity 62,179 80,954 94,095 109,186 135,646
Loans to customers/Total Assets 58.8% 60.1% 63.3% 67.9% 63.1%
Non-interest income 39,278 45,693 49,063 56,630 68,083
Total operating income 10,870 11,156 12,777 14,357 14,836
Total operating expense -13,611 -15,875 -16,038 -17,666 -21,251
Net profits of operations before allowances for credit losses 25,667 29,819 33,024 38,964 46,832
Allowances for credit losses -7,398 -6,607 -9,975 -11,478 -9,464
Profit before tax 18,269 23,212 23,050 27,486 37,368
Corporate income tax -3,647 -4,614 -4,577 -5,469 -7,449
Profit after tax 14,622 18,597 18,473 22,017 29,919
Net profit for the year 14,606 18,582 18,451 21,997 29,899
Key performance indicators
Key profitability ratios
NIM 2.94% 3.10% 3.11% 3.15% 3.39%
ROAE 25.49% 25.99% 21.11% 21.66% 24.44%
ROAA 1.39% 1.62% 1.45% 1.61% 1.85%
Key risk indicators
Outstanding Credit (including corporate bonds)/Deposits in 1st market Ratio 77.68% 78.05% 80.23% 84.38% 91.12%
Non-Performing Loan ratio 0.97% 0.78% 0.62% 0.63% 0.68%
Loan to deposit ratio (LDR) in compliance with regulations of State Bank of Vietnam(*) 70.6% 72.4% 73.5% 77.8% 73.9%
Capital adequacy ratio CAR 12.14% 9.34% 9.56% 9.31% 9.95%

According to audited financial statement, financial statement 2021 according to State Audit.

(*) LDR ratio particular financial statement, in which data included Circular No 22/2019, data as stipulated at Decision No Dec 31st 2022 of 22/2019 /TT-NHNN and amendment and supplement at TT 26/202/TT-NHNN.

Total assets
Total assets

VND 1,813,815 billion

0
500,000
1,000,000
1,500,000
2,000,000
Unit: VND billion
2022
1,813,815
2021
1,414,986
2020
1,326,230
2019
1,222,814
2018
1,074,027
SHAREHOLDERS’ EQUITY
SHAREHOLDERS’ EQUITY

VND 135,646 billion

0
50,000
100,000
150,000
Unit: VND billion
2022
135,646
2021
109,186
2020
94,095
2019
80,954
2018
62,179
TOTAL OPERATING INCOME
TOTAL OPERATING INCOME

VND 68,083 billion

0
20,000
40,000
60,000
Unit: VND billion
2022
68,083
2021
56,630
2020
49,063
2019
45,693
2018
39,278
Net profits of operations before allowances for credit losses
Net profits of operations before allowances for credit losses

VND 46,832 billion

0
10,000
20,000
30,000
40,000
50,000
Unit: VND billion
2022
46,832
2021
38,964
2020
33,024
2019
29,819
2018
25,667
PROFIT BEFORE TAX
PROFIT BEFORE TAX

VND 37,368 billion

0
10,000
20,000
30,000
40,000
50,000
Unit: VND billion
2022
37,368
2021
27,486
2020
23,050
2019
23,212
2018
18,269
PROFIT AFTER TAX
PROFIT AFTER TAX

VND 29,919 billion

0
10,000
20,000
30,000
40,000
50,000
Unit: VND billion
2022
29,919
2021
22,017
2020
18,473
2019
18,597
2018
14,622
NET NON-INTEREST INCOME
NET NON-INTEREST INCOME

VND 14,836 billion

0
4,000
8,000
12,000
16,000
Unit: VND billion
2022
14,836
2021
14,357
2020
12,777
2019
11,156
2018
10,870
ROAE
ROAE

24.44%

0
5
10
15
20
25
Unit: %
2022
24.44
2021
21.66
2020
21.11
2019
25.99
2018
25.49
ROAA
ROAA

1.85%

0
0.5
1.0
1.5
2.0
2.5
Unit: %
2022
1.85
2021
1.61
2020
1.45
2019
1,62
2018
1.39
Download Key financial ratios
VIETCOMBANK PROFILE
1
REPORT OF THE BOM AND BOD
2
ORGANIZATION AND HUMAN RESOURCES
3
CORPORATE GOVERNANCE
4
SUSTAINABLE DEVELOPMENT REPORT
5
FINANCIAL STATEMENTS
6
OUTSTANDING ACHIEVEMENTS IN 2022
Messages from Chairman of the Board of Directors and CEO
Key financial ratios