Deposits from other credit institution in Vietinbank Trong những bảng có nêu số tuyệt đối, em nên thêm 1 cột tỷ trọng % để người đọc dễ nhìn được những khoản mục quan trọng có tỷ trọng c
Trang 1l OVERVIEW
e GENERAL INFORMATION
- Registered name in Vietnamese: NGAN HANG THUONG MAI CO PHAN CONG
THUONG VIET NAM
INDUSTRY AND TRADE
- Trading name: VietinBank
- Banking License: No 142/GP-NHNN dated 3rd July 2009 by the State Bank of Vietnam
- Certificate of Business Registration: No 0100111948 by Hanoi Department of Planning and Investment for the first issuance on 3rd July 2009, registered for the 12th amendment on 8th September 2021
- Shareholders’ Equity: VND 93,247,451,000,000 (as of 30th June 2021)
- Head Office: 108 Tran Hung Dao Street, Hoan Kiem District, Hanoi, Vietnam
e VISION
Aleading multi-functional, modern and efficient bank in Vietnam, being among the Top 20 strongest banks in the Aisa-Pacific region by 2030; and by 2045, being the strongest and most prestigious bank in Vietnam, a leading bank in the Asia-Pacific region and a highly reputable bank in the world
e MISSION
Being a pioneer bank in the country's development on the basis of bringing optimal value to customers, shareholders and employees
e CORE VALUES
1 CUSTOMER-CENTRICITY
"To consider the needs of customers as the goal of the Bank to serve Listen to voice of customers and share with stakeholders to come up with solutions/consultancy services to meet customer needs At the same time, ensuring safety for internal and external
customers.”
2 CREATIVE INNOVATION
"To show constant creativity in all activities; to ensure continuous innovation with inheritance
in order to create the best value for the system, customers and contribute to the
development of the country."
3 INTEGRITY
"To be consistent in thinking and action to ensure compliance, discipline, regulation, honesty, transparency and uphold professional code of ethicss."
4 RESPECT
Trang 2"To demonstrate attitudes and actions of listening, sharing, caring and acknowledging with customers, partners, shareholders, leaders, colleagues, and respecting one's self
5 RESPONSIBILITY
"To demonstrate the spirit, attitude and action of VietinBank’s whole system, each unit and each employee in showing high responsibility towards customers, partners, shareholders, leaders, colleagues and for the brand of VietinBank Well practising VietinBank’s social
responsibility to the community is the responsibility, role, honor, and pride of VietinBank."
e BUSINESS PHILOSOPHY
Safe, efficient and sustainable;
Loyal, dedicated, united, innovative, intellectual, disciplined;
The prosperity of VietinBank’s customers is our ultimate success
e STRUCTURE OF THE REPORT
News brief
Overview
Conclusion
1.1 Deposits in Vietnam banking > (1) muc nay em nói về Lãi suất nên cần chỉnh tiêu đề
để phản đúng nội dung; (2) còn chữ tiếng Việt, và chưa viết đúng con số theo nguyên tắc của tiếng Anh
Currently, the mobilization of savings deposits of banks is quite fierce competition In early
2022, to launch the full-year development roadmap, banks need a large amount of capital Therefore, banks have tried to offer attractive savings deposit packages to users
Trang 3BacA 5,00
The current 10/2022 bank savings interest rate applies to customers depositing at the counter (%/year)
4,70 4,90 5,00 4,40 4,40
7,00 4,70 5,16 5,40 6,10 6,60 4,70 4,70 5,50
Compare savings interest rates of banks today:
e Demand deposits: With the feature of this deposit package is that there is no fixed term, so the bank savings interest rate only falls in the range of 0.2% - 0.1% applied
at the counter, and 0.2% - 0.25% deposited online only For the ferm-ef demand
deposit, currently a number of banks including Bac A, GPBank, Kien Long, NamA Bank, NCB, VRB, SCB, etc have increased the interest rate to 0.5%/year, which is
em dung Google Translate ma không đọc lại sản phẩm; (2) “LS cla một số NH tăng lên 0,5% so với các NH” có nghĩa là gì?
e Term deposits:
7,20 6,40 5,74 6,10
6,40 6,40 6,20
7,40 6,40 6,30 6,15 6,90 6,80
6,40
7,40 6,40 5,90 6,20
6,90 6,40 6,40 6,00
7,40 6,40 6,80 6,25 6,90 6,90
Send at the counter: > em dung Google Translate a? Theo em khach hang có 2 lựa chọn là gửi tại quầy và gửi online (ngoài ra còn lựa chọn gửi tại máy ATM nữa) Dựa trên kiến thức chuyên môn em phải tìm thuật ngữ chuyên ngành tương ứng chứ!!!
(https:/www.thebalancemoney.com/deposit-cash-315424)
>_ At the term of 1-3 months, the banks with the highest interest rate are 5.0%, namely BacA, Kien Long, SCB, VIB The lowest is MBBank with 3.2% for 1- month term, MSB with 3.5% for 3-month term
> At the term of 6 months, CBBank keeps the highest interest rate compared to other banks at 7.1% The lowest are banks in Big4 (BIDV, Vietcombank, VietinBank), with the interest rate reaching 4.7%/year, Agribank is 4.8%/year
> For 12-month term, the bank with the highest interest rate is CBBank with an interest rate of 7.45% The lowest is 5.3%/year belongs to MSB bank
> With longer terms, Dong A Bank, CBBank have the highest bank savings interest rate of 7.5%/year for terms of 18, 24 and 36 months
> With a 1-month term, there are many current bank interest rates at attractive rates up to 5.0%, including: Bac A, GPBank, Kien Long, PVcomBank, SCB,
VIB
Trang 4> For 3-month term, most banks have an average interest rate of 3.95 - 5.0% The lowest is Hong Leong Bank with 3.3%/year
> With terms from 12-36 months, SCB is the bank with the highest interest rate ranking: 12-month term is 7.55%, 18-36 month term is 7.75% This is the highest interest rate in October
Thay vì nhận xét LS của từng NH và chỉ tên NH có LS cao nhất cho từng kỳ hạn (Nếu em vẽ biểu đồ là các bạn tự đọc được dễ dàng), em nên phân tích sự biến động của LS tiền gửi
trong thời gian vừa qua (mấy năm trước, đặc biệt là 1-2 tháng qua khi lạm phát tăng cao, NHTW các nước (trong đó có VN) tăng lãi suất)
1.2 Deposits from other credit institution in Vietinbank
Trong những bảng có nêu số tuyệt đối, em nên thêm 1 cột tỷ trọng (%) để người đọc dễ
nhìn được những khoản mục quan trọng (có tỷ trọng cao)
Other credit institutions deposits
This table presents information about deposits from other institutions in Vietinbank from
2019 to 2021 As can be seen on the table, the total deposits from credit institutions have witnessed a slight increase and then decrease sharply over the 3 years
Demand deposits and term deposits are divided into VND and foreign currencies 2019 has
the highest demand deposits with approximately 41 million vnd and in foreign currencies, 2020 has the highest term deposit with vnd up to approximately 95 million The amount of deposits in vnd is many times larger than the term in foreign currencies While demand deposits in Vnd experiences a sharp decline over the past 3 years, demand deposits in foreign currencies saw a slight growth In contrast to term deposits, VND deposits have increased sharply in 2020 while foreign currencies have tended to decrease recently
> em doc Guideline để biết cách viết sế tiền bằng tiếng Anh
1.3 Customer deposits
Trang 57,00%
6,00%
5,00%
4,00%
3,00%
2,00%
1,00%
0,00%
Demand <1 month 1to<3 3to<6 6to<12 12months 12to<18 18to<24 >= 24
deposts months months months months months months
Chart 1.3.1 Interest rate for individual customer (%/year)
= 2019 m 2020 == 2021
7,00%
6,00%
5,00%
4,00%
3,00%
2,00%
1,00%
0,00%
Demand <1 1to<3 3fto<6 6to< 12 12 12to< 18to< 24to< >=35
deposits month months months months months 18 24 36 months
months months months
Chart 1.3.2 Interest rate for organization except credit institution (%/year)
*Note: The interest rate in 2020 and 2021 are the same
> day la LS binh quan nam?
In 2019, the interest rate was the highest in three years, both for individual and organization customers For demand deposits, it was 0.1% and 0.2% for individuals and organizations respectively Term deposits from 1 to under 12 months get 4.3% to 5.3% interest rate, and the rate stays around 6.8% for longer terms
According to the interest rate chart of Viettinbank in 2020 and 2021, the interest rate for individual customers starts from 0.1% for demand deposits The interest rate was 3.1%/year for 1 to 2 months deposit and 3.4% for 3 to 5 months deposit For people whose savings lasts from 6 to 11 months, they receive a 4%/year interest rate The highest rate was 5.6%
Trang 6annual only eligible for 12 months or longer term deposits Interest rates for individuals and organizations (except credit institutions) varied by 0.1% to 0.7% depending on time-saving, with organizations receiving less
Trong những bảng có nêu số tuyệt đối, em nên thêm 1 cột tỷ trọng (%) để người đọc dễ
nhìn được những khoản mục quan trọng (có tỷ trọng cao)
Demand deposits in
Term deposits in foreign
Deposits for specific
Deposits for specific
Deposits for specific
purpose in foreign
Margin deposits in foreign
Table 1.3.3 Customer deposit
Trong textbook không đề cập dén “Deposits for specific purpose” va “Margin deposits” > em
nên giải thích thêm về 2 loại tiền gửi này
From the table, it is noticeable that term deposits account for approximately 83%, most of the customer deposits while the second-largest was demand deposit made up about 18% >
câu sai ngữ pháp Although the term deposits increased from 740,861,362 million in 2019 to 928,319,195 in 2021, the percentage of it on total customer deposits decreased from 89% to 79% In term deposits, it is divided into VND and foreign currencies While term deposits in VND experienced an upward trend, the figure in foreign currencies was depicted as concave downward This might be due to the increase in other currencies' value in that time leading
to the bank selling more foreign currencies and getting more VND Regarding demand deposits, it shows a significant growth throughout three years which adds almost 40,000,000 each year In 2021, the VND demand deposits reached more than 197,500,000 million that 6.8 times it was in other currencies
Trang 7Both deposits for specific purpose and margin deposits witnessed an increase from 2019 to
2020, 22.4% and 54.5% respectively While margin deposits continued to rise in 2021 and achieved 3,166,569 million, deposits for specific purpose declined slightly, approximately 6%
Customer deposits of Viettinbank include different type of entities shown in the following
Trong những bảng có nêu số tuyệt đối, em nên thêm 1 cột tỷ trọng (%) để người đọc dễ
nhìn được những khoản mục quan trọng (có tỷ trọng cao)
31 December|31 December |31 December
Single-member limited liability companies with
Multi-member limited liability companies with
over 50% State ownership or being controlled
Joint stock companies with over 50% State
ownership or voting share capital; or being
Administrative units, the Party, unions and
Table 1.3.4 Analysis of customer deposits by type of entities
As it shows in the table, about half of customer deposits came from household business and individuals This figure increased by 91,049,311 after two years although the interest rate for deposits in 2020 and 2021 was lower than it was in 2019 Following up is state-owned companies, they account for about 15% of deposits Co-operatives and unions of co- operative made up the least for three years, it might because of the strict regulations of this type of corporation They stayed about 450,000 million but hit a peak in 2020 with 1,616,504 million, a dramatic change The other entities all show an increasing tendency from 2019 to 2021
Trang 8Huy động tiền gửi phải trả lãi nên em cần trình bày cả thông tin về trả lãi tiền gửi từ Báo cáo
KQKD (Income Statement)
ll
On the balance sheet, two kinds of recorded loans of VietinBank are loans to other credit institutions and loans to customers
VND million
to customers
I Analysis of loans to other credit institutions
Loans to other credit
institutions
In VND
In foreign currencies
Total
VND million
VND million
Within the two years, the proportion of loans in VND accounted for more than a half (67.47%
in 2020 and 85.8% in 2021) while loans in foreign currencies accounted for a small amount While loans in VND had an up trend from 2020 to 2021, loans in foreign currency had a down trend
Il Analysis of loans to customers
economic entities and
individuals
valuable papers
customers
entrusted funds
entities and individuals
Loans to customers are divided into several groups: loans to domestic economic entities & individuals, discounted bills and valuable papers, financial lease, payments on behalf of customers, loans financed by entrusted funds and loans to foreign economic entities & individuals Almost all items in loans to customers have slight growth from 2020 to 2021 Loans serving local domestic economic entities and individuals accounted for the largest
Trang 9proportion of loans to customers ’s structure This shows that domestic economic entities and individuals have great borrowing needs VietinBank also had a good loan service The two areas of payments on behalf of customers and loans financed by entrusted funds have small proportions of total (less than 0.1% overall)
Ill Analysis of loan portfolio by ownership and types of customers
Items
State-owned companies
Single-member limited liability
companies with 100% State
ownership
Multi-member limited liability companies
with over 50%
State ownership or being controlled by
the State
Other limited liability companies
Joint stock companies with over 50%
State ownership or
voting share capital; or being controlled
by the State
Other joint-stock companies
Partnership companies
Private enterprises
Foreign invested enterprises
Co-operatives and unions of co-
operative
Household business and individuals
Administrative unit, the Party, unions
and associations
Others
Total
31 December
2021 VND million 51,388,764 24,016,904 7,015,249
254,976,627 29,986,650
324,836,944 284,269 13,249,546 58,031,369 1,436,474 362,632,638 993,055 1,819,278 1,130,667 ,767
%
4.54 2.12 0.62
22.55 2.65
32.07 0.09 0.17
100
31 December
2020 VND million 54,570,720 29,301,967 7,633,633
235,071,957 29,717,803
280,725,913 363,403 14,020,853 55,290,088 1,460,651 304,459,440 1,547,265 1,169,577 1,015,333,270
%
5.37 2.89 0.75
23.15 2.93
29.99 0.15 0.11
100 Loan portfolio by ownership and types of customers was divided into several items and concentrated on high growth areas such as limited liability companies, joint-stock companies and Household business and individuals The percentage of outstanding loans to State- owned enterprises (SOEs) is usually significantly greater than the group of Private banks because of the features of a State Bank since its foundation There has been a decrease in the proportion of loans to State-owned enterprises from 5.37% in 2020 to 4.54% in 2021 The proportion for loans to household business and individuals increased slightly from 29.99% to 32.07% This may be the result of businesses and individuals having greater borrowing needs to invest in their businesses The bank had more opportunities to earn interest
IV Analysis of loan portfolio by sectors
gas and water
Trang 10Production and processing
Mining
Agricultural, forestry and aquaculture
Transportation, logistics and
telecommunication
Wholesale and retail, repairing of cars,
motor vehicles and
motorcycles
Trading and services
Households services, production of
physical products and
services used by households
Other activities
Total
263,169,799 12,391,069 43,619,396 23,011,305 375,754,856
170,503,149 53,108,053
34,649,108 1,130,667 ,767
In general, operations for loans serve wholesale and retail; repair of cars, motor vehicles,
23.28 1.10 2.04 33.23
15.08 4.70
3.05
100
247,514,600 16,322,921 43,208,964 24,268,965 324,181,013
151,370,848 46,327,291
24,077,748 1,015,333,270
24.38 1.61 2.39 31.93
14.91 4.56
2.37
100 and motorcycles still accounted for the largest proportion and had the largest increase within
2 years (from 31.93% in 2020 to 33.23% in 2021) Loans to other sectors such as
construction, production & distribution of electricity, gas and water, mining, all decreased in proportion in the loan structure by sectors
Trong hoạt động tín dụng, em nên nêu cả lãi suất cho vay, cơ cấu dự nợ theo kỳ hạn, loại
tiền, nhóm nợ, dự phòng rủi ro và xử lý nợ (nếu có) Những thông tin này (trừ LS) đều có trong bản Thuyết minh BCTC
IV PAYMENT SERVICE
Payment Service (muc 29)
Em nên tạo bảng mới như các bạn làm ở phần trên, trong đó chỉ lấy ra thông tin cần thiết
liên quan đến mục IV về payment thôi (Settlement services), trừ khi em đổi tên mục là
Income-generating services + đọc Guidelines để biết cách viết số tiền và con số bằng tiếng
Anh