NamABank and DaiABank expect to reach 2012 profit of 600b dong

02-Apr-2012 Intellasia | Dau Tu Chung Khoan page 7 | 7:31 PM Print This Post

NamABank has lately approved the 2012 targeted year plan in the annual general meeting (AGM). In details, the bank’s chartered capital would be hiked to 3.7 trillion dong, up 23.33 percent against the previous year; the total raised capital and outstanding loans would witness a year-on-year increase of 20 percent and 14.98 percent respectively, and pre-tax profit of 600 billion dong, in comparison with 2011 profit of 321 billion dong. NamABank would limit bad debt ratio at below 2 percent.

The management board of Great Asia Commercial Joint Stock Bank (DaiABank) also planned to submit the 2012 business plan in the coming shareholders meeting to be held on April 19, 2012 with targeted pre-tax profit of 610 billion dong. The bank’s total asset value would increase by 11.12 percent against 2011 to 24.81 trillion dong and dividend rates of 12 percent. DaiABank was listed in Group 2 with assigned credit growth of 15 percent this year.


Category: Finance

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