Vietnam Commercial Joint Stock Bank for Industry and Trade (Vietinbank-coded CTG) plans to hold annual shareholders' meeting on April 4 to pass this year's business plan with four trillion dong of pre tax profit and 15 percent dividend payment, said Pham Huy Hung, the bank's chair of director board.
Hung said that in 2010, his bank will focus on modern technology, branch expansion plans and organisation completion.
At present, Vietinbank is opening two branches in Germany (one in Berlin and another in Frankfurt).
Hung added his bank has got approval from government to sell 10 percent stake for International Finance Co (IFC).
In addition, the bank is waiting for approval to sell shares around 15 percent stake to Canada-based Nova Scotia Bank.
The selling price to these two partners has been still veiled.
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