Vietnam Technological and Commercial Joint Stock Bank 2019 AR2
The report highlights Techcombank's performance in 2019, during which it achieved a record profit before tax of VND 12.8 trillion, making it Vietnam's second most profitable bank. The bank maintained its position as the most operationally efficient bank in Vietnam with a return on assets of 2.9% and a capital adequacy ratio of 15.5%. Techcombank also advanced its digital transformation, with digital transactions increasing nearly threefold in value and volume, and grew its customer base to 7.3 million. Additionally, the bank continued its corporate social responsibility efforts, contributing VND 65 billion to community initiatives, including building schools and homes.
Company: Vietnam Technological and Commercial Joint Stock Bank
Sector: Finance & insurance
Country: Vietnam
Year: 2019
Type: AR2
Pages: 105
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Vietnam Technological and Commercial Joint Stock Bank
Annual Report
The report highlights Techcombank's performance in 2019, during which it achieved a record profit before tax of VND 12.8 trillion, making it Vietnam's second most profitable bank. The bank maintained its position as the most operationally efficient bank in Vietnam with a return on assets of 2.9% and a capital adequacy ratio of 15.5%. Techcombank also advanced its digital transformation, with digital transactions increasing nearly threefold in value and volume, and grew its customer base to 7.3 million. Additionally, the bank continued its corporate social responsibility efforts, contributing VND 65 billion to community initiatives, including building schools and homes.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees