Thursday, September 21 2017

VietNamNews

Techcombank profit last year jumps by 53% to $200 million

Update: March, 12/2012 - 10:42

HA NOI — C posted a profit last year of VND4.2 trillion (US$200 million), an increase of over 53 per cent over 2010. The bank's total assets as of December 31, 2011, totalled VND180.8 trillion ($8.6 billion), an increase of 20.35 per cent over the previous year.

Techcombank's capital adequacy ratio (CAR) remained at 11.43 per cent, much higher than the standard of 9 per cent set by the State Bank of Viet Nam. Techcombank has 307 branches and 1,250 ATMs nationwide.-VNS

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