Vietnam Technological and Commercial Joint Stock Bank 2021 AR2
The report highlights Techcombank's strong financial and operational performance in 2021, becoming the first private bank in Vietnam to reach a consolidated pre-tax profit of USD 1 billion (VND 23.2 trillion). The bank achieved the industry's highest current and savings accounts (CASA) ratio of 50.5% and a return on assets of 3.7%. Techcombank successfully launched its new digital banking application, Techcombank Mobile, and migrated 90% of planned applications to the cloud. Additionally, the bank demonstrated its commitment to sustainability by implementing an Environmental and Social Risk Management System (ESMS) and contributing approximately VND 400 billion to COVID-19 relief and community initiatives.
Company: Vietnam Technological and Commercial Joint Stock Bank
Sector: Finance & insurance
Country: Vietnam
Year: 2021
Type: AR2
Pages: 239
Back to company
Vietnam Technological and Commercial Joint Stock Bank
Annual Report
The report highlights Techcombank's strong financial and operational performance in 2021, becoming the first private bank in Vietnam to reach a consolidated pre-tax profit of USD 1 billion (VND 23.2 trillion). The bank achieved the industry's highest current and savings accounts (CASA) ratio of 50.5% and a return on assets of 3.7%. Techcombank successfully launched its new digital banking application, Techcombank Mobile, and migrated 90% of planned applications to the cloud. Additionally, the bank demonstrated its commitment to sustainability by implementing an Environmental and Social Risk Management System (ESMS) and contributing approximately VND 400 billion to COVID-19 relief and community initiatives.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees