phuocpham
23-09-2009, 05:43 PM
In August 2009, Sacombank achieved a pre-tax profit of VND 136 billion, after allowing for credit provisions and financial reserves but excluding profits from subsidiaries.
As at 31 August 2009, Sacombank achieved a pre-tax profit of VND 1,177 billion. Interest revenue accounted for 64% of total revenue. Total deposits reached VND 75,112 billion, total loans topped VND 51,103 billion while total assets was VND 89,349 billion. Despite the profit increase NPLs was maintained at 0.74%. Total surplus capital and funds are now estimated to exceed VND 2,137 billion.
On 4 September 2009, Sacombank announced issuance of 158,474,924 new shares. Issues for dividend payment are 76,737,462 shares (15% of share capital, having a ratio of 20:3); another 76,737,462 shares were issued to the existing shareholders; 5,000,000 shares were issued to the key personnel; and the price of share issuance is VND 10,000 per share. Sacombank-SBS providing is the advisor for the share issue. The registration date is 18 September 2009 while expected trading date for additional shares is 30 November 2009.
As at 31 August 2009, Sacombank achieved a pre-tax profit of VND 1,177 billion. Interest revenue accounted for 64% of total revenue. Total deposits reached VND 75,112 billion, total loans topped VND 51,103 billion while total assets was VND 89,349 billion. Despite the profit increase NPLs was maintained at 0.74%. Total surplus capital and funds are now estimated to exceed VND 2,137 billion.
On 4 September 2009, Sacombank announced issuance of 158,474,924 new shares. Issues for dividend payment are 76,737,462 shares (15% of share capital, having a ratio of 20:3); another 76,737,462 shares were issued to the existing shareholders; 5,000,000 shares were issued to the key personnel; and the price of share issuance is VND 10,000 per share. Sacombank-SBS providing is the advisor for the share issue. The registration date is 18 September 2009 while expected trading date for additional shares is 30 November 2009.