Bao Viet bank targets VND200Bln pretax profit in 2011, up 114% on year

Bao Viet bank targeted a pretax profit of VND200billion in 2011, up 114% on year, the state-run online newspaper VnEconomy reported February 24. The unlisted lender also targeted total assets of VND25trillion, up 181%; total outstanding loans of VND11trillion, up 195%; total deposits of VND14.5trillion, up 199% and ROE of 10%, up114%. Commencing operations in [...]

CMC plans to divest stake in Bao Viet Bank

Software and IT services provider CMC Corporation will withdraw its investment in Bao Viet Bank, under a plan approved last week by CMC’s executive board. However, a representative of Bao Viet Bank told Viet Nam News by telephone yesterday: “This was just an approval of a master plan to withdraw its stake in the bank. [...]

Bao Viet bank gets approval to raise charter capital to VND3Tln

Bao Viet Bank got approval on September 21 from the State Bank of Vietnam to scale up its charter capital to VND3 trillion from current VND1.5 trillion, said the country’s central bank on its website. Bao Viet Bank got approval on September 21 from the State Bank of Vietnam to scale up its charter capital [...]

Bao Viet Bank beats profit target

Bao Viet Bank targets to increase its total asset to 12.5 trillion dong (US$657.89 million) from 7.3 trillion dong ($384.21 million) last year, and to raise its charter capital to three trillion dong ($157.89 million) by the year-end, according to its shareholder meeting late last week. By the end of last year, the one year-old [...]

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