Financial Statement Analysis – Case Study of Vietinbank

Abstract

Research has analyzed the FSs Vietinbank bank from 2010 to 2014. Based on the analysis results and the current economic situation, the authors forecasted for 2015 and raised some important issues and potential risks that Vietinbank has been faced. Then, the authors made recommendation for the management of the bank. Based on financial statement analysis by balance sheet, income statement, cash flow and CAMELS framework the results show during 5 years, Vietinbank has performed in good and stable business. By using forecast tool, the authors judge that in 2015, Vietinbank's business is not much volatility. However, Vietinbank still has a few potential risks faced in the asset quality, liquidity, earnings, cash flow, capital adequacy ratio, cost income ratio, sensitivity to market risks, intergrade after M & A and some other issues. Finally, the authors also made recommendations for each issue.