Thursday, July 26, 2007

Military Bank profit at 318 billion VND

The Military Bank has reported a mid-year profit of 318 billion VND (19.9 million USD), while total assets grew 61 percent to 19 trillion VND (1.2 billion USD).

Earnings were helped along by a number of cooperation agreements with large companies including Lilama, Ha Noi Housing Investment and Development and Royal Securities.

The bank hopes to operate 65 branches by the end of the year, up from the current 48 transaction points.

Source: VNA

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