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Techcombank’s profit jumps 131 percent   2008-01-24 - VNA

The Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) last year netted a pre-tax profit of 709 billion VND (44.3 million USD), representing a year-on-year increase of 131 percent, Techcombank general director Nguyen Duc Vinh said on January 23.

Techcombank’s total assets reached 39.5 trillion VND (2.46 billion USD), doubling the 2006 figure, and 18 percent higher than the target set for the year.

By the end of the year, the profit is expected to be two-times higher than last year and total assets are expected to reach 70 trillion VND (4.4 billion USD).


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