State bank stocks are showing positive movement, with CTG reaching its highest price since listing. On January 9, CTG’s shares rose about 3% and recorded the highest liquidity in three years. This occurs alongside the Politburo’s Resolution 79 aimed at developing the state economy, emphasizing the role of state commercial banks. The resolution aims for at least three banks to be among the top 100 banks in Asia. VietinBank has surpassed $100 billion in assets, leading the commercial bank group. Profit forecasts for VietinBank may see a growth of 29% for 2025. VNDirect also expects CTG to maintain a high growth rate, thanks to factors like credit growth and support from public investments. Additionally, debt recovery and the gold business are expected to further boost VietinBank’s income.
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