Ocean Bank earns $16.3 million

OceanBank has posted a pre-tax profit of VND311 billion (US$16.3 million) for 2010, an increase of 265 per cent against the same period last year.

In June, the bank’s total assets were valued at VND43 trillion ($2.2 billion).

OceanBank, which has 83 branches nation-wide, has opened two more branches this week in Bac Giang Province and HCM City. — VNS

Tags: Ocean Bank, Vietnam banking industry, Vietnam finance, Vietnam financial

Posted by VBN on Jul 31 2010. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry