Vietcombank (HOSE:VCB) in Harding Loevner Frontier Emerging Markets Q3 2024

Leading the Banking Sector in Vietnam

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Apr 14, 2025
Summary
  • One of the largest commercial banks in Vietnam with a strong market share.
  • Benefiting from Vietnam's economic growth and increasing financial inclusion.
  • Risks include regulatory changes and economic volatility in Southeast Asia.
  • Recent performance driven by robust loan growth and improved profitability.
  • Future growth supported by expansion in digital banking and customer acquisition.

Vietcombank (HOSE:VCB, Financial) was highlighted in the Harding Loevner Frontier Emerging Markets Equity Q3 2024 report as a key player in Vietnam's banking sector. The bank has leveraged Vietnam's economic growth and increasing financial inclusion to enhance its market position and financial performance.

"Vietcombank's focus on digital banking and customer acquisition is expected to drive future growth and strengthen its competitive position in the Vietnamese market." — Harding Loevner Frontier Emerging Markets Q3 2024 Fund Letter

Read full letter at gurufocus harding loevner frontier emerging markets equity q3 2024 report 2024 Q3 page.