Maritime Bank Posts Strong Development in 2005
The Maritime Joint Stock Commercial Bank has attained strong growth so far this year with success in implementation of three criteria.
As of now, the bank reported profit, including extraction for risk reserve, equivalent to 160 per cent of last year’s figure.
Meanwhile, total mobilized capital exceeded 26 per cent from the 2004’s mobilization, and out standing loans surpassed 36 per cent.
In order to strengthen itself, Maritime Bank is carrying out modernizing payment and banking system with US$3 million fund from the World Bank.
The Haiphong-based bank is now operating with a registered capital of VND200 billion (US$12.7 million).
Vietnam Banking Times
Vietnamese
