Sacombank shows growing profits

12/09/2007 -- 11:15 AM

HCM City (VNA) – Sacombank has reported eight-month pre-tax profits totalling 854 billion VND (53.38 million USD), an increase of 130 per cent over the same period last year. The reported profits make up 72 percent of the bank’s planned total for 2007. Sacombank also reported asset growth of 82 percent, reaching 45.3 trillion VND (2.83 billion USD), with total mobilised capital reaching 37.7 trillion VND (2.36 billion USD) and outstanding loans totalling 22.1 trillion VND (1.4 billion USD).-Enditem
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