Research and News
According to FiinRatings’ experts along with technical collaboration with S&P Global Ratings, a bank in [a] rating category like Techcombank will have the following key intrinsic characteristics:
On November 1 2023, FiinRatings announced the initial issuer credit rating result for Techcombank as “A+” with “Stable” rating outlook.
From the perspectives of an investment fund, Ms. Trinh Quynh Giao - CEO of PVI Asset Management (PVIAM) believes that “Credit rating coverage significantly helps investors make investment decisions faster and contributes to reduce the need for internal resources.”
According to leaders of the Vietnam Banks' Association (VNBA), S&P Global Ratings and FiinRatings, the application of Credit Ratings will provide more information and reference for banks in proceeding credit activities. Independent Credit Ratings significantly support banks in the process of transiting to Basel III and moving towards Basel IV. This serves as a catalyst to strengthen the transparent and sustainable development of the market.
November 1st, 2023 - FiinRatings has announced its first-time Long-Term Issuer Credit Rating of “A+” to 'Vietnam Technological and Commercial Joint Stock Bank (“Techcombank”) with “Stable” rating outlook. This is the first time for a Vietnamese bank to announce credit rating results from a domestic credit rating agency.