All indicators up as bank has steady operations in first half.
Vietcombank has announced its business performance for the first half of the year.
Outstanding credit was over $15.8 billion, an increase of 6.52 per cent compared to the end of 2014.
Regarding credit structure, compared to the end of 2014, corporate loans and loans to small and medium-sized enterprises rose 4.7 and 9.2 per cent, respectively. Loans to individual customers increased sharply, by 11.7 per cent. Mobilized capital was up 7.67 per cent.
International card issuances increased 17 per cent, while cards for domestic payments rose 50 per cent. Points accepting these cards rose by 5,401 units since the end of 2014.
The bank’s bad debt ratio as at June 30 was 2.43 per cent, with a target of being less than 2.3 per cent set for 2015 as a whole.
It set aside half of its profit in the first half as risk provision. After this, pre-tax profit was $139.4 million. Return on assets (ROA) and return on equity (ROE) were 0.82 and 10.77 per cent, respectively. Its capital adequacy ratio (CAR) was 11.18 per cent.