Sunday, September 30, 2007

Techcombank’s total assets reaches nearly 1 billion USD

Customers are best served at Techcombank


Up to October 2006 Techcombank has total assets of 15,759 billion VND, an increase of 6,000 billion VND compared with the same period last year. Total accumulated revenue for the first 10 months of this year is 1,099 billion VND of which revenue in October accounts for more than 139 billion VND, up 68 % over last year.



Accumulated pre-tax profit for the first 10 months of this year reaches more than 258 billion VND of which pre-tax profit for October only accounts for 31 billion VND. This illustrates Techcombank’s strong growth.

Total fund mobilized up to October is nearly 14,000 billion VND, an increase of 522 billion compared with September 2006 and up 65% over the same period last year. Fund mobilized from individuals is more than 6,269 billion VND. Fund mobilized from financial institutions posts an increase of 10 % over the same period last year, reaching 2,158 billion VND.

Total loans outstanding went up 42% compared to that of October 2005, reaching 7,742 billion VND. ROE ration in October reaches 3.49%. Up to the end of October 2006, Techcombank has issued a total of more than 105,000 debit cards and has installed a total of 98 ATM machines and 2,200 POS nationwide.

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