Method of Evaluating the Total Revenue of a Credit Institution with Foreign Investment

Accordingly, Circular 12 stipulates the evaluation of total revenue criteria as follows:

- A credit institution is classified as Grade A when the actual total revenue is equal to or higher than the assigned plan.- A credit institution is classified as Grade B when the actual total revenue is lower but at least 90% compared to the assigned plan.- A credit institution is classified as Grade C when the actual total revenue is below 90% of the assigned plan.

At the same time, Circular 12 also guides the evaluation of post-tax profit rate on equity as follows:

- A credit institution is classified as Grade A when the post-tax profit rate on equity is equal to or higher than the assigned plan.- A credit institution is classified as Grade B when the post-tax profit rate on equity is lower but at least 90% compared to the assigned plan.- A credit institution is classified as Grade C when the post-tax profit rate on equity is below 90% compared to the assigned plan.- For credit institutions with a planned loss: If the actual loss is lower than the planned loss: Classified as Grade A; If the actual loss is equal to the planned loss: Classified as Grade B; If the actual loss is higher than the planned loss: Classified as Grade C. In cases where additional tasks are performed, they are excluded when determining the actual loss indicator compared to the assigned planned loss.

See details at Circular 12/2018/TT-BTC effective from March 19, 2018.

-Thao Uyen-

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