{"id":27530,"date":"2024-11-07T13:31:57","date_gmt":"2024-11-07T06:31:57","guid":{"rendered":"https:\/\/gtjai.com.vn\/?post_type=research&#038;p=27530"},"modified":"2024-11-07T13:31:57","modified_gmt":"2024-11-07T06:31:57","slug":"gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024","status":"publish","type":"research","link":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/","title":{"rendered":"GTJASVN Research_Banking Sector_Q3.2024 Earnings Update_Nov 2024"},"content":{"rendered":"<p>The Q3\/2024 banking sector report highlights:<\/p>\n<p>Credit growth reached 9% by the end of September, with private banks seeing strong growth while state-owned banks remained steady.<br \/>\nNet Interest Income (NII) dropped by 2.34% year-over-year due to rising deposit rates, though some private and state-owned banks like CTG, HDB, and STB achieved good NII growth.<br \/>\nNet Interest Margin (NIM) remained stable compared to the end of 2023, though most banks showed a slight downward trend qoq.<br \/>\nNon-interest income declined across service and investment sectors.<br \/>\nProvision costs decreased as non-performing loan growth slowed, though pre-tax profit fell 6.57% quarter-over-quarter.<br \/>\nTotal pre-tax profit was down quarter-over-quarter but showed an 18% year-over-year increase.<\/p>\n","protected":false},"author":31,"featured_media":0,"template":"","cate_research":[80],"specialized":[],"class_list":["post-27530","research","type-research","status-publish","hentry","cate_research-bao-cao-doanh-nghiep-en"],"yoast_head":"<title>GTJASVN Research_Banking Sector_Q3.2024 Earnings Update_Nov 2024 - GTJA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GTJASVN Research_Banking Sector_Q3.2024 Earnings Update_Nov 2024 - GTJA\" \/>\n<meta property=\"og:description\" content=\"The Q3\/2024 banking sector report highlights: Credit growth reached 9% by the end of September, with private banks seeing strong growth while state-owned banks remained steady. Net Interest Income (NII) dropped by 2.34% year-over-year due to rising deposit rates, though some private and state-owned banks like CTG, HDB, and STB achieved good NII growth. Net [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"GTJA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gtjai.com.vn\/#website\",\"url\":\"https:\/\/gtjai.com.vn\/\",\"name\":\"GTJA\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gtjai.com.vn\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/#webpage\",\"url\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/\",\"name\":\"GTJASVN Research_Banking Sector_Q3.2024 Earnings Update_Nov 2024 - GTJA\",\"isPartOf\":{\"@id\":\"https:\/\/gtjai.com.vn\/#website\"},\"datePublished\":\"2024-11-07T06:31:57+00:00\",\"dateModified\":\"2024-11-07T06:31:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gtjai.com.vn\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GTJASVN Research_Banking Sector_Q3.2024 Earnings Update_Nov 2024\"}]}]}<\/script>","yoast_head_json":{"title":"GTJASVN Research_Banking Sector_Q3.2024 Earnings Update_Nov 2024 - GTJA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn-research_banking-sector_q3-2024-earnings-update_nov-2024\/","og_locale":"en_US","og_type":"article","og_title":"GTJASVN Research_Banking Sector_Q3.2024 Earnings Update_Nov 2024 - GTJA","og_description":"The Q3\/2024 banking sector report highlights: Credit growth reached 9% by the end of September, with private banks seeing strong growth while state-owned banks remained steady. 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