Sacombank's 2013 net surges 122 pct y/y

Vietnam's Sacombank reported a net profit of 2.23 trillion dong ($106 million) for 2013, up 122.4 percent from a year earlier, the Vietnam Economic Times newspaper reported.

The Ho Chi Minh City-based lender was among the few banks which reported profit for the last quarter of 2013. It posted a net earning of 571 billion dong for the three months ended December, the report said.

reuters

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