reports
- Chinh Nguyen
OCB - Q2 PBT growth driven by efforts across most business segments
OCB maintains effective operations in most of its core business activities. Specifically, net interest income increased by 7% YoY, and non-interest income grew by an impressive 422% YoY. The total operating income showed significant growth at 23% YoY. Additionally, the bank has improved operating costs and provisions for credit losses, resulting in a 75% YoY increase in PBT. The NPL ratio for OCB's customer lending slightly decreased by 13 bps compared to the previous quarter, reaching 3.18%....
- Chinh Nguyen
Result Update Report: OCB - Regaining growth momentum after an unfavor...
With a focus on retail banking & SME segments, OCB has expanded its customer base from 1.1 million customers at the end of 2018 to 2.9 million customers by the end of 2022. At the same time, with strong CAR fluctuating around 12%, higher than the industry average, credit growth is maintained at a high level, helping the credit market share expand from 0.7% in 2018 to 1% at the end of 2022. ROE is also anchored at around 20% on average in the 2018-21 period. OCB's business activities slowed down...
- Son Tran
Company Report: OCB - Small bank with high growth
Transforming itself in terms of growth strategy and management in recent years, OCB is set to become a modern retail bank focusing on providing financial products and services to small and medium enterprises (SMEs) and upper-mass individual customers. With a strong capital buffer and leading liquidity, OCB is able to maintain high credit growth compared to the industry. Low-risk appetite and the supply chain financing risk management model combined with a modern technology platform help the bank...
- Tam Pham
Orient Commercial Joint Stock Bank: Small bank with high growth
Transforming itself in terms of growth strategy and management in recent years, OCB is set to become a modern retail bank focusing on providing financial products and services to small and medium enterprises (SMEs) and high net worth individual customers. With a strong capital buffer and leading liquidity, OCB is able to maintain high credit growth compared to the industry. Low risk appetite and the supply chain financing risk management model combined with a modern technology platform help t...
- Son Tran
Analyst Pin-board OCB – On-going preparation for bad debt formation
Q3 credit growth was robust while deposit growth slowed down. The bank expected a new credit quota in the fourth quarter of over 20%, in comparison to 10% currently. Q3 PBT posted VND 1,107 billion (USD 48 mn, +71% YoY), mainly driven by growth of interest income (+25% YoY) and realizing profit from government bonds (+400% YoY). The provision buffer just improved slightly. However, we saw a positive signal that the bank is preparing provision buffer for the lag in bad debt and structured de...
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