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Dec 1, 2009

Maritime Bank reports to 11-month pre-tax profit of VND879 billion

VNStockNews.com - Maritime Commercial Joint Stock Bank (Maritime Bank) announced that up to November 30, the bank has gained accumulative pre-tax profit of 879 billion dong, equal to 147 percent of the year plan and 213 percent against the same period of last year.

Maritime Bank's total assets were equivalent to 123 percent of the year plan and increased by 197 percent year-on-year. The bank has total raised capital of 49 trillion dong or 203 percent in comparison with last year.

In November, Maritime Bank officially opened and put into operation five new transaction offices, increasing the total amount of transaction offices nationwide to 108 units.
Last month, the bank has successfully raised its chartered capital to 3 trillion with the purposes of improving its financial capacity, creating chances to access and serve the customers better.

At the same time, Maritime Bank announced starting to apply new interest rates from December 1, 2009. For deposits in US dollar, the new interest rates will be raised to 3.0-4.5 percent per year for all terms. The customers who make deposits in dong will receive new interest rates of 10.16-10.49 percent per year.

As for deposit rates of "Qua tang vang" (golden gifts) programme, the interest rates to be applied was 10.45 percent per year for one-month term; for two months of 10.47 percent per year and for three months of 10.49 percent per year.

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