STB: Sacombank 4-month pretax profit reaches $28 million

Saigon Thuong Tin Commercial Joint-Stock Bank, the fourth-biggest company on the Ho Chi Minh Stock Exchange, said it posted a pretax profit of nearly VND491 billion (US$28 million) in the first four months of this year.

Deposits at the lender, known as Sacombank, were VND62.2 trillion, loans were VND41.4 trillion and total assets were VND73.1 trillion as of April 30, according to its website.

Bad debts were 0.76 percent of its loans, the HCMC-based lender said.

thanhnien

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