Analyst Pin-board BID – Expecting robust growth in 2021, but issues remain
- BID sets a target for 2021 PBT at VND 13,000 billion, credit and mobilization growth at 10-12% and 12-15% respectively.
- We estimate that BID could reach VND 13,300 billion in PBT or even higher.
- The capital raising is pivotal, but we think the enhancement in asset and growth quality is more crucial for a sustainable expansion.
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