Dai A Bank to make all efforts to enhance its competitiveness capacity

04:04, 17/04/2007

(ĐN)- Late last week, at the Dai A Commercial Joint Stock Bank’s shareholder meeting, its shareholders suggested the bank should invest in modern technology to meet the customer’s demands and enhance its competitiveness capacity.

(ĐN)- Late last week, at the Dai A Commercial Joint Stock Bank’s shareholder meeting, its shareholders suggested the bank should invest in modern technology to meet the customer’s demands and enhance its competitiveness capacity.

 

Until the end of 2006, Dai A Commercial Joint Stock Bank’s total capital was approximately VND1,414 billion, an increase of 157.96 percent compared with the previous year. Of that, the bank’s mobilised capital accounted for more than 47% of its total capital. Its loan turnover reached nearly VND1,065 billion. Overdue loans remained diminutive at 0.26 percent of total outstanding loans. In 2006, the bank reported the pre-tax profit of VND23 billion, 58 percent higher than that of 2005. It expects to reach VND1,650 billion in mobilized capital, VND2,020 billion in outstanding loans and VND58 billion in after-tax profit this year. More 8 branches in Dong Nai province and other 2 branches in HCM city will be opened to increase its network to 17 branches by the year’s end.

Reported by K.Loan