STB released consolidated results for 9M 2018 with the bottom line totalling VND932bn (USD40mn, +21% YoY) and constituting 46% of our FY2018 forecast, mostly due to 9M 2018 provision expenses surpassing our full-year forecast. Core business performance continued to see improvement with NII and NFI increasing 47% and 36% YoY, respectively, during the period.