Vietinbank Earns Net Profit of VND1.589T in H1
Vietnam Joint Stock Bank for Industry and Trade (Vietinbank), largest joint stock lender in term of assets in Vietnam, made a net profit of VND1.589 trillion (US$89.2 million) in the first half of this year, the bank said in a statement.
Its total income reached VND4.252 trillion during the period, including VND3.482 trillion worth of profit from interest rates.
The figures were audited. Vietinbank did not give the comparative figures, but providing the whole last year’s net profit at VND1.804 trillion and total income at VND8.694 trillion.
The bank’s total assets reached VND218.561 trillion as of July 2, up 13% from the end of 2008.
Vietinbank, listed on the Hochiminh Stock Exchange, targets a net profit of VND1.944 trillion in 2009 and VND2.832 in 2010
Vietinbank shares, CTG, fell 0.5% at VND39,500 on 1.5 million shares traded on August 17, August 17. (Vietinbank)
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