Maritime Bank gains 1.518tr dong pre tax profit in 2010

By December 31, 2010, Maritime Bank posted total assets at 116 trillion dong, achieving 126 percent of the year’s plan and increasing 181 percent year-on-year.

The bank’s pre-tax profit before deducting for its standby fund was 1.706 trillion dong and after spending on its standby fund, its pre-tax profit was 1.518 trillion dong, or 126.5 percent of the year’s plan and up 151 percent from 2009.

The ratio of pre-tax profit on average chartered capital was at 46 percent while it was nearly 50 percent in 2009.

At present, the bank’s operation network has developed to 140 sites nationwide.

On December 25, 2010, Maritime Bank closed the shareholder book to organise annual shareholders’ meeting 2011 slated for January 27, 2010.

The bank is now offering shares to the existing shareholders to hike its chartered capital from three trillion dong to five trillion dong.

 

Category: Finance