VCSC Daily - Stocks end strong Q1 with small loss as financials weigh - HVN, STB, BID, KDF, DXG, FPT, MWG, REE

Market Commentary

31 Mar 2017

Fitch affirms ratings for five Vietnamese banks with stable outlook. In a report released on March 30, Fitch affirmed the Long-term Issuer Default Rating for Agribank, VietinBank and Vietcombank at “B+” and Asia Commercial Bank and Military Bank at “B”. Fitch's outlook for these five banks was stable. Fitch said the stable performance of the banking sector, supported by strong economic growth, was the driver for the ratings.

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