Vietcombank Makes Net Profit of Over VND1T in Q1
The Joint Stock Bank for Foreign Trade of Vietnam (Vietcombank) has said it made net profits of VND1,054 billion in the first quarter.
Vietcombank did not give on year comparative figures.
As of March 31, the Hanoi-based bank had total assets of VND218.87 trillion and total outstanding loans of VND116.33 trillion.
Vietcombank has targeted pretax profit of VND3,320 trillion, total assets of VND246.37 trillion, and total outstanding loans of VND133.09 trillion this year with bad debt ratio limited at 3.5 per cent. (Vietnam Economic Times)
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