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COMPANY NAME | ADDRESS | LICENSE NUMBER DATE OF ISSUE | CAPITAL REGULATIONS | QUANTITY Branch & Transaction Office | |
6 | CTTC Company I Vietnam Bank for Agriculture and Rural Development (Agribank no.1 Leasing Company) | 4 Pham Ngoc Thach, Dong Da, Hanoi | 06/GP-CTCTTC date August 27, 1998 | 200 | 02 |
7 | Saigon Thuong Tin Commercial Joint Stock Bank Company Limited (Sacombank Leasing Limited Company) | 230 Nam Ky Khoi Nghia, District 3, Ho Chi Minh City | 04/GP-NHNN dated April 12, 2006 | 300 | 01 |
8 | Vietnam International CTTC Company Limited (100% foreign capital) (Vietnam International Leasing Company Limited) | Room 902, Centre Tower 72-74 Nguyen Thi Minh Khai, Ward 6, District 3, Ho Chi Minh City | 117/GP-NHNN dated April 24, 2008 (Reissue) | 350 | |
9 | Chailease International CTTC Company Limited (100% foreign capital) (Chailease International Leasing Company Limited) | Room 2801-04, 28th floor, Saigon Trade Center, 37 Ton Duc Thang, Ben Nghe ward, District 1, Ho Chi Minh City | 09/GP-NHNN dated October 9, 2006 | 580.7 | 04 |
10 | BIDV – Sumi Trust Finance Company Limited | 20th floor, tower A, Vincom, 191 Ba Trieu, Le Dai Hanh ward, Hai Ba Trung District, Hanoi | 33/GP-NHNN dated April 12, 2017 | 895.6 | 03 |
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(Source: State Bank of Vietnam)
Appendix 10
Table 4.2: Summary of business performance of 5 major CTTC companies in Vietnam over the years (2012 - 2018)
(Unit of currency: Billion VND)
Status
Company | Total capital | Outstanding balance by year | Profit by year | Tax paid | |
1 | Asia Commercial Bank Leasing Company (ACBL) | 300 | 2012: 925.00 2013: 973.00 2014: 947.58 2015: 894.00 2016: 906.00 2017: 850.00 2018: 815.00 | 2012: 70.56 2013: 68.90 2014: 10.85 2015: 38.00 2016: 26.00 2017: 16.30 2018: 10.20 | 2012: 14.10 2013: 13.80 2014: 2.20 2015: 7.60 2016: 5.20 2017: 3.30 2018: 2.40 |
2 | Sacombank Leasing Company (SBL) | 300 | 2012: 945.00 2013: 972.00 2014: 1206.00 2015: 1415.00 2016: 1553.00 2017: 1577.00 2018: 1688.00 | 2012: 81.60 2013: 74.70 2014: 78.10 2015: 76.00 2016: 79.50 2017: 76.00 2018: 65.80 | 2012: 16.30 2013: 15.20 2014: 15.60 2015: 12.30 2016: 13.20 2017: 15.30 2018: 13.30 |
Vietinbank Financial Leasing Company | 1000 | 2012: 1297.00 2013: 1353.00 2014: 1408.00 | 2012: 101.2 2013: 89.77 2014: 83.50 | 2012: 20.20 2013: 18.20 2014: 16.70 |
Status
Company | Total capital | Outstanding balance by year | Profit by year | Tax paid | |
3 | 2015: 1639.00 2016: 1894.00 2017: 2254.00 2018: 2330.00 | 2015: 101.90 2016: 107.60 2017: 117.20 2018: 121.20 | 2015: 20.40 2016: 21.50 2017: 23.40 2018: 24.30 | ||
4 | VILC Financial Leasing Company (100% foreign owned) | 350 | 2012: 644.70 2013: 791.60 2014: 1229.40 2015: 1473.50 2016: 1693.80 2017: 1856.70 2018: 2278.50 | 2012: 24.00 2013: 26.30 2014: 34.00 2015: 44.40 2016: 44.30 2017: 45.70 2018: 54.80 | 2012: 4.80 2013: 5.30 2014: 6.80 2015: 8.90 2016: 8.80 2017: 9.10 2018: 11.00 |
5 | Kexim Financial Leasing Company (100% foreign owned) | 291 | 2012: $74.2 million 2013: $78.2 million 2014: 2340.00 2015: 2442.70 2016: $117.3 million 2017: $114.1 million 2018: $121 million | 2012: 942.8 thousand USD 2013: 920.6 thousand USD 2014: 34.60 2015: 38.70 2016: $1.6 million 2017: $1.75 million 2018: $1.82 million | 2012: 4.10 2013: 4.10 2014: 7.20 2015: 7.70 2016: 7.10 2017: 8.20 2018: 9.20 |
(Source: Financial reports of companies over the years: 2012 -2018)
Appendix 11
Table 4.10: Results of ROA and ROE assessment of representative CTTC companies
Company
Coefficient | 2014 | 2015 | 2016 | 2017 | 2018 | |
VILC | Total assets | 1,409,237,000,000 | 1,747,562,000,000 | 1,951,752,000,000 | 2,185,962,240,000 | 2,291,996,953,600 |
100% owned company | Profit | 27,200,000,000 | 35,500,000,000 | 35,500,000,000 | 36,600,000,000 | 36,700,000,000 |
foreign | VCSH | 450,805,000,000 | 479,835,000,000 | 502,864,000,000 | 506,735,000,000 | 603,453,000,000 |
ROA | 2% | 2% | 2% | 2% | 2% | |
ROE | 6% | 7% | 7% | 7% | 6% | |
KEXIM Leasing | Total assets | 2,960,574,057,430 | 3,030,829,114,940 | 3,181,076,571,000 | 3,435,562,696,680 | 3,562,805,759,520 |
100% owned company | Profit | 27,400,868,270 | 31,022,513,610 | 29,700,000,000 | 32,050,000,000 | 32,660,000,000 |
foreign | VCSH | 228,605,500,640 | 258,528,014,250 | 301,671,519,000 | 309,734,231,000 | 405,231,435,000 |
ROA | 1% | 1% | 1% | 1% | 1% | |
ROE | 12% | 12% | 10% | 10% | 8% | |
VIETINBANK Leasing | Total assets | 1,421,148,616,684 | 1,674,682,134,426 | 1,929,600,163,489 | 2,125,701,142,546 | 2,571,879,145,200 |
Company under NHTM | Profit | 66,866,813,580 | 81,512,223,515 | 86,193,335,390 | 93,821,527,732 | 96,932,140,000 |
Vietnam stock | VCSH | 854,358,793,563 | 1,066,262,627,091 | 1,079,146,627,400 | 1,273,142,752,289 | 1,281,651,920,013 |
ROA | 5% | 5% | 4% | 4% | 4% | |
ROE | 8% | 8% | 8% | 7% | 8% | |
SACOMBANK Leasing | Total assets | 1,440,135,000,000 | 1,701,859,000,000 | 1,574,430,000,000 | 1,846,321,000,000 | 1,968,088,000,000 |
Company under NHTM | Profit | 62,500,000,000 | 63,700,000,000 | 66,300,000,000 | 60,700,000,000 | 52,500,000,000 |
Vietnam stock | VCSH | 407,934,000,000 | 414,417,000,000 | 419,635,000,000 | 434,944,000,000 | 481,259,000,000 |
ROA | 4% | 4% | 4% | 3% | 3% | |
ROE | 15% | 15% | 16% | 14% | 11% |
(Source: Annual Reports of CTTC companies, over the years from 2014-2018)
