Techcombank reports pretax profit of VND1 trillion

Vietnam Technological & Commercial Joint Stock Bank, partly owned by HSBC Holdings Plc, reported pretax profit of VND1 trillion, equivalent to about, US$56 million, for the first six months.

Total assets rose to VND74.8 trillion as of June 30, up about 26 percent from December 31, said the bank known as Techombank in a statement on its website Wednesday. The lender didn’t provide net income figures or pretax profits from a year earlier.

thanhnien, bloomberg

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