Vietnamese-Thai joint venture Bank (VinaSiam) promotes marketing for capital mobilization

(ĐN) - In the morning of August 22, Dong Nai Branch of VinaSiam Bank presented rewards to its clients who were the lucky winners in the draw winners of Dong Nai branch’s promotion.

The lucky winners

(ĐN) - In the morning of August 22, Dong Nai Branch of VinaSiam Bank presented rewards to its clients who were the lucky winners in the draw winners of Dong Nai branch’s promotion. The promotional programme aimed to mobilize deposits for the bank.

Since the Dong Nai branch of VinaSiam Bank was founded in June 2004, it has grown rapidly and effectively. The mobilized capital source of the branch in first half of 2005 hit over US$1.1 million, raised 206% compared with the beginning of 2005, this accounted for 50% of target 2005. Total loans amounted to US$4.1 million. Until June 30, 2005 , total debit balance of Dong Nai branch was more than US$ 4.2 million. Of which, short-term loans stood at more US$ 3.3 million while medium term loans in amount of nearly US$ 1 thousand etc.

Huong Thom