BID: The Board approves the profit distribution plan
On December 06, 2021, the Board of Directors of Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) approved the 2020 profit distribution plan as follows:
No.
Item
Distribution ratio
Amount
(VND million)
1
Profit after tax
(1)
6,690,239
2
Fund distribution
(2) = (2.1) + (2.2) + (2.3)
2,869,961
2.1
Provision for charter capital
(2.1) = (1) * 5%
334,512
2.2
Financial provision fund
(2.2) = (1) * 10%
669,024
2.3
Bonus and welfare fund
(2.3)
1,866,425
3
Profit before dividend payment
(3) = (1) -(2)
3,820,278
4
Cash dividend payment
(4) = (4.1) * (4.2)
804,404
4.1
Charter capital
(4.1)
40,220 ,180
4.2
Payment ratio
(4.2)
2%
5
Remaining profit after cash dividend payment
(5) = (3) -(4)
3,015,874
6
Profit from revaluation of financial instruments
(6)
23,653
7
Stock dividend payment
(7) = (5) - (6)
2,992,221
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