Maritime Bank Makes Pretax Profit Of VND585B in H1

Maritime Commercial Joint Stock Bank (Maritime Bank) made pretax profit of VND473 billion (US$27.9 million) in the first half of this year after extracting VND112 billion for risk provision, making up 26 per cent of its average registered capital, the bank said on its Website.

 

Between Jan and Jun, Maritime Bank raised VND43 trillion of deposits. It did not give out any on-year comparative figures.

 

The bank’s total assets rise 143 per cent from the beginning of this year to VND46 trillion by the end of June.

 

This year, the lender expects to make pretax profit of VND600 billion. (Investment, www.msb.com.vn))