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Private lender TPBank expects its pre-tax profits to top VND8.2 trillion ($358 million) this year, up 36 percent from 2021. It also targets a 20 percent increase in assets to VND350 trillion. The bank plans a rights issue of 527 million shares this year to…
Sixteen commercial banks have agreed to reduce interests on existing loans of Covid-hit businesses from now until the end of the year. The banks include Vietcombank, Vietinbank, BIDV, Agribank, Techcombank, MB, VPBank, TPBank and Sacombank. Lowering interests…
The bank said a surge in net interest income and a cut in operational expenses has boosted its Q1 performance. Its net interest income grew 30 percent in the period, while operational expenses dropped 10 percent, according to the bank’s financial statement.…
