Saigon-Hanoi Bank beats full-year target in 9 months

Saigon-Hanoi Joint Stock Commercial Bank (SHB) has announced a pretax profit of VND336.47 billion (US$18.8 million) for the first nine months of the year, 0.14 percent more than its projection for all of 2009.

In consequence, the Hanoi-based lender has raised its full-year target for pretax profit to VND405 billion and anticipates paying a 12-percent dividend for 2009.

Total assets were VND21.2 trillion as of September 30, up 47 percent from a year ago, SHB said.

The bank said it would hold a shareholders’ meeting soon to get their formal permission to raise its registered capital from VND2 trillion to VND3.5 trillion this quarter.

Dau Tu Chung Khoan

>   North Kinh Do raises 2009 pretax profit forecast by 67 pct (21/10/2009)

>   Market gains after starting week at low note (21/10/2009)

>   Eximbank plans Oct 27 debut (21/10/2009)

>   HOSE: Violation of trading regulation (21/10/2009)

>   PYGEMACO: Information of Auction Registration (21/10/2009)

>   VFMVF4: Transaction of member of fund representative board (21/10/2009)

>   ABT: Explanation for profit in quarter 3/2009 (21/10/2009)

>   ITA: Kien Luong Electricity Project (21/10/2009)

>   KHA: Transaction of state shareholder (Ben Thanh Group) (21/10/2009)

>   NKD: Explanation for a profit fluctuation in quarter 3/2009 (21/10/2009)