VNStockNews.com - Vietnam Technological & Commercial Joint Stock Bank, or Techcombank, had pretax profit of VND2.06 trillion ($111.4 million) in the first 11 months of this year, exceeding its target for the period by 10%, local media said Thursday.
Techcombank, in which Hong Kong & Shanghai Banking Corp. (HBC) holds a 20% stake, had total assets of VND91.13 trillion at the end of November, up 53% from end-2008, online news provider ATPVietnam reported, citing bank director Nguyen Duc Vinh.
The bank is expected to have pretax profit of VND2.2 trillion this year, Vinh was quoted as saying. (Dow Jones)
Dec 10, 2009
Techcombank Jan-Nov Pretax Profit VND2.06 Trillion
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