Techcombank Aims for Pre-tax Profit of US$31.25Mln This Year
Vietnam Technological and Commercial Bank (Techcombank), the second largest joint stock commercial bank, is expected to post pre-tax of VND500 billion (US$31.25 million) this year, a bank senior official said.
Nguyen Duc Vinh, Techcombank general director said that the bank is planning to launch new services including deposits, savings, consumption lending, cards and account opening, based on advanced technologies for individuals and businesses.
Notably, the bank will debut international credit cards in the third quarter this year along with providing package and “on-door” services, Vinh added.
The bank will also open another 40 transaction centers and six branches nationwide this year, aiming to bring the total number up to 120 by end-2007, the official affirmed.
Techcombank’s total assets are estimated to reach VND27 trillion, and statute capital investments VND2.7 trillion. (Trading Times)
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