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RETAIL BANKING | Cesar Tordesillas, Vietnam
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DongA Bank earns $24M pretax profit in 4 months

DongA Bank generated a pretax profit of VND500 billion or US24 million in the first four months of this year.

 

It has a full-year target of VND1.5 trillion or US$72 million.

The unlisted lender has just finished raising its charter capital to VND5 trillion from VND4 trillion in 2011 and seeks to increase its charter capital to VND6 trillion through issuing shares to existing shareholders by the end of this year.

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