TCB – CASA ratio reaches a one-year high; NIM remains under pressure; upcoming AGM to propose cash dividend plan – Earnings Flash

• 22 Jan 2024
• Company Research

TCB released its 2023 results with TOI of VND40.1tn (USD1.7bn; -2.1% YoY) and bottom-line net profit of VND18.0tn (USD744mn; -10.7% YoY), fulfilling 100% and 98% of our respective FY2023 forecasts. The decline in NPAT-MI growth was mainly due to pressure