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Update news bank profit
A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Việt Nam (SBV)’s latest survey on business trends of credit institutions showed.
Many commercial banks have reported profits of trillions of dong in the first half of the year.
After Techcombank announced its ‘zero-dong service’ policy, in which its clients pay no fee for some kinds of services, other banks have followed the move.
Most banks have reported huge profits for 2018. VIB Bank led banks with the highest growth rate of 95 percent, while Vietcombank had the highest profit of VND18.356 trillion in 2018.