Khanh also advised professional investors to invest in banking stocks at the moment given good bank indicators, such as Price to Earning Ratio (P/E) and Price to Book Ratio (P/B). Investors can consider some banks with low valuations and good asset quality, as well as banking stocks with future growth. In particular, they need to focus on banks that prioritize asset quality control rather than short-term profit growth. … [Read more...] about Banking stocks spearhead market rebound
Banking
Bảo Minh Insurance plans to divest from MBB
In the third quarter, MBB reported an increase of 6.1 per cent year-on-year to more than VNĐ6,735 trillion in revenue. The bank’s profit after tax rose 8.3 per cent to VNĐ2.357 trillion. In the first nine months of last year, the profit after tax climbed 6.4 per cent year-on-year to nearly VNĐ6.332 trillion. VNS … [Read more...] about Bảo Minh Insurance plans to divest from MBB