CIR at many banks in better shape

The CIR (Cost to Income Ratio) at ten of the 17 banks listed on the Ho Chi Minh Stock Exchange (HoSE) fell in the first half of 2022. Of note, the CIR of Eximbank, Sacombank, and LienVietPostBank fell 17 per cent, 9.9 per cent, and 9 per cent, respectively, compared to the first half of 2021. While LienVietPostBank’s CIR fell to 35.5 per cent, Eximbank and Sacombank’s fell sharply but were still above 40 per cent.