EAB fulfils 2009 profit plan

VNStockNews.com - Tran Phuong Binh, general director of East Asia Commercial Joint Stock Bank (DongABank – EAB) announced lately that the bank has fulfilled the profit plan of 750 billion dong given in early 2009. Similar to other commercial banks, EAB gained profit mainly from credit activities.

Up to now, DongABank's chartered capital was posted at 3.4 trillion dong. The bank planned to increase its chartered capital to 4.5 trillion dong via issuing shares for existing shareholders.

In 2010, EAB planned to earn 1.1 trillion dong of pre-tax profit over its chartered capital of 3.4 trillion dong. The bank targeted to pay 2009 dividend of 14 percent.