Examples of using Compared to the beginning of the year in English and their translations into Vietnamese
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Compared to the beginning of the year, the VN-Index increased by 5.5 per cent.
Meanwhile, yields for long tenors like 10-year and15-years decreased slightly compared to the beginning of the year.
Financial debt also increased slightly compared to the beginning of the year to VND 669 billion, accounting for 45% of total assets.
Mainly thanks to interest and fee receivables increased by 32% compared to the beginning of the year, to over VND1,469 billion and customer loans increased by 21 percent to over VND67,976 billion.
In the first 9 months,customer loans of Techcombank and VIB grew by over 28% compared to the beginning of the year.
In addition, the bad debt increased by 65.2% compared to the beginning of the year, after which the possibility of capital loss increased by 93%, reaching VND 525 bn and hence accounting for 73.4% of bad debt.
After nine months,ABBank's lending to customers still slightly declined compared to the beginning of the year, reaching 52.157 trillion dong.
In terms of customer loans, as of the end of September 2019, BIDV continued to lead the system while spending 75.3% of its total assets, equivalent to more than VND 1,073 million billion loans to the economy,up 8.57% compared to the beginning of the year.
In addition,customer deposits of this unit also decreased by four percent compared to the beginning of the year, while the plan was set at 28 percent.
However, the absolute bad debt ratio increased significantly, showing that only 17 listed joint stock commercial banks had VND 81,300 bn,an increase of 9% compared to the beginning of the year.
Specifically, with total assets of VND 1,425 million,an increase of 8.56% compared to the beginning of the year, BIDV is the bank with the largest total assets of the system.
Some banks only slightly increased their bad debts, such as Vietcombank with a bad debt ratio of 1.07%,up 0.98% compared to the beginning of the year.
According to Bloomberg,the Shanghai Composite Index has dropped by nearly 25% compared to the beginning of the year, making China a big stock market with the strongest decline in the world 2018.
In the market, TMS shares are currently trading at around VND27,450 per share,an increase of 5 per cent compared to the beginning of the year.
Specifically, personal loans of this bank in the last six months reached nearly 74.8 trillion dong,up to 39.2 percent compared to the beginning of the year, accounting for 31.16 percent of total loans, while the proportion of this segment at the beginning of the year was only 24.76 percent.
Pyn Elite Fund announced its net asset value has reached 420 million euros,an increase of 80 million euros compared to the beginning of the year.
With the asset size of VND 1,202 million as of the end of September 2019, VietinBank is ranked third in the system but the bank has the slowest asset growth rate in the group,with an increase of only 3.24% compared to the beginning of the year.
By the end of June, the total assets of PGBank were 28.211 trillion dong,down by 5.6$ compared to the beginning of the year.
Similarly, some other small and medium-sized banks such as Vietbank, NamABank, and Tpbank also had good asset growth, with an increase of 19%, 17%,and 13% compared to the beginning of the year.
By the end of June, Agribank also spent 1,055 million dongs on customer loans,up 4.89% compared to the beginning of the year.
VietinBank and Vietcombank are offering loans of VND 899 trillion and VND 708 trillion respectively,up 3.95% and 12% compared to the beginning of the year.
Vietcombank ranked 4th in the system in terms of total assets, with the achievement of VND 1,157 million,up 7.77% compared to the beginning of the year.
In the group of joint-stock commercial banks, SCB is the bank with the largest total assets with 552.5 trillion dongs,up 8.57% compared to the beginning of the year.
VietinBank is currently the bank with the highest amount of irrecoverable debts, amounting to VND 10,488 billion,an increase of nearly 11% compared to the beginning of the year.
Agribank has not yet released the financial statements for the third quarter of 2019, but according to the updated figures by the end of June 2019, the total assets of the bank reached VND 1,353 million,up 5.51% compared to the beginning of the year and ranked second in the system.