Hanoi Housing Commercial Joint Stock Bank (Habubank-coded HBB) has recently announced the documents for its coming AGM (annual general meeting) 2012 whereby the bank will assess some difficulties and challenges in 2012.
In 2012, the lender expects to gain 250-350 billion dong pre tax profit against the level of 310 billion dong in 2011.
The bank’s total deposits by the end of 2012 would reach growth of 10-22 percent from the end of 2011 and total outstanding loans growth at 7-9 percent and overdue debt ratio at less than 5 percent (it was 4.42 percent in 2011).
In 2012, the bank expects to pay 5 percent dividend.
In 2011, the bank advanced 8 percent dividend.