Vietcombank looks to raise pre-tax profit by 12 percent in 2021 | Business
Vietcombank Chairman Nghiem Xuan Thanh. (Photo: VNA) Hanoi (VNA) – The Joint Stock Commercial Bank for Foreign Trade of Vietnam ( Vietcombank) sets to increase pre-tax profit by 12 percent year-on-year to 25.2 trillion VND this year, said Director-General Pham Quang Dung at a Hanoi conference on January 11. The bank also aims to raise its total asset by 6 percent and mobilised capital by 8 percent while the credit growth is expected to pick up 12 percent, he said. The non-performing loans (NPLs) will be maintained at below 1 percent and Net Interest Margin (NIM) at 3.1 percent. Last year, ...