Chapter 3 - The Achievement of Tech
Subsidiaries
“TCBS, TCC and AMC contributed significantly to our overall success, using world-class technologies to create innovative wealth management solutions and efficiently manage our assets.”
Chief of Investment Banking
Nguyen Xuan Minh
Techcom Securities – TCBS
In 2022, we continued to move forward with our five-year strategy for Techcom Securities, with the aim of becoming Vietnam’s orchestrator of capital flows and achieving our 5@5@5@5=2025 ambitions.
-
5 MILLION users
-
@ VND 5,000 BILLION
profit
-
@ 5 SOLUTIONS per user
-
@ USD 5 BILLION market
capitalisation
We delivered 2022 performance:
- Total revenue VND 5,218 billion
- Pre-tax profit VND 3,058 billion
- Total assets VND 26,091 billion
2022 Highlights
- Pioneered the use of blockchain and smart contracts in bond issuance and to manage bondholder’s ownership and transactions.
- Launched new financial investment products and tech systems
- Our information security systems ranked Grade A
- We signed USD 300+ million in unsecured loan syndication contracts – the biggest in Asia
- Announced plans to issue private shares worth more than VND 10,000 billion in 2023. After the share issue TCBS’ total equity is expected to exceed VND 21,000.
- Capital raised will be used to maintain our leading position in core business areas
- TCBS’ capital adequacy ratio (CAR) is a leading 300%+
2022 awards
Award
Categories
IBS Intelligence Global Fintech Innovation Awards 2022
Best Wealth Management and Private Banking Implementation:
- Best Program Governance
- Best Adoption of Tools and Practices
Most Innovative use of Blockchain in Banking:
- Most Agile Deployment
- Most Impactful Project
Asian Technology Excellence Awards 2022
- Big Data – Banking
FinanceAsia Country Awards 2022
- Most Innovative Technology
Forbes
- #1 Brand Value Among Securities Companies in Vietnam
The Asset Triple A Country Awards
- Best Bond Advisor
- Best brokerage
- Revenue VND 377.5 billion
- Total assets VND 836.2 billion
- Pre-tax profit VND 177.4 billion
- Fund Assets under management VND 9,916 billion
Phi Tuan Thanh
Director Techcom Capital TCC
Techcom Capital – TCC
The TCC funds
- Techcom Bond Fund (TCBF)
- Techcom Equity Fund (TCEF)
- Techcom Flexi Bond Fund (TCFF)
- Techcom Value Fund (TCVF)
- Real Estate Investment Fund (TCREIT)
TCC established three new stock investment funds in 2022
- Techcom Banking and Finance Equity Fund (TCFIN)
- Techcom Real Estate Equity Fund (TCRES)
- Techcom Small and Medium Enterprise Equity Fund (TCSME)
Techcombank Asset Management Company Limited (Techcombank AMC)
In 2022, Techcombank AMC collected VND 2,715 billion in debt, directly contributing VND 1,311 billion to the Bank’s profit. The company reported total revenue of VND 256.6 billion and profit before tax of VND 40.6 billion.
VND 2,715 billion
Techcombank AMC debt collection, directly contributing VND 1,307 billion to the Bank’s profit.
Tran Nhat Quang
Director Techcombank AMC
In 2022, Techcombank AMC:
- Applied many flexible, synchronous solutions, optimising resources to shorten processing times and improve debt collection efficiency
- Enhanced its operations by:
- Promoting training activities, improving staff’s quality and skills
- Conducting a review that helped standardise jobs and titles, incentivising staff to aim higher.