3:26:28 PM | 7/8/2005
The Hanoi-based Military Commercial Joint Stock Bank (MCB) reported total pre-tax profits (risks provision funds subtracted) in the first 11 months of this year of VND100 billion (US$6.4 million), representing an increase of 40 per cent against gross profits it earned last year and up 22 per cent against target set for 2004.
The bank posted total mobilized capital as at the end of November of VND4.873 trillion (US$310.4 million), up 40 per cent against early this year while total outstanding loans rose by only 20 per cent. Overdue debt/total outstanding loans ratio stood at nearly 1 per cent.
Vietnamese
