, Vietnam

Navibank posts US$1.064 pre-tax profit in Jan

Navibank announced a US$1.064 pre-tax profit for January 2012.

 

Till the end of January, the bank’s total deposits from individuals and institutions reached 16.277 trillion dong, rising 7.9 percent from the end of 2011 and total outstanding loans reached nearly 13.255 trillion dong, up 2.6 percent from the end of 2011.

The lender’s total assets till the end of January 2012 reached nearly 23.057 trillion dong, rising 1.6 percent from the end of 2011 and its chartered capital was 3.01 trillion dong.

Reportedly, the lender expects to gain total deposit growth of 33 percent and credit growth at 15 percent this year.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Private fund tokens may be the future of investing
Kinexys seeks to keep a token’s sensitive financial information from prying eyes.
More tax perks could drive Philippine SMEs to go ‘green’
The Southeast Asian nation’s 1.1 million small businesses can be a target for green loans. 
Asia struggles with G20 payment targets
The ultimate goal is for cross-border payments to achieve “the speed of the internet.”