RETAIL BANKING | Cesar Tordesillas, Vietnam

DongA Bank's pretax profit up 46.3% in 2011 VND1.255T

DongA Bank's pretax profit increased 46.3% to VND1.255 trillion in 2011.

The lender, as at the end of December, 2011, had total assets of VND64.560 trillion, up 18.4% from a year earlier.

In 2012, the bank targets total assets of VND100 trillion, consolidated profit of VND1.650 trillion and seeks to attract 500,000 new customers.

DongA Bank considers raising capital as its top priority in 2012, said Tran Phuong Binh, CEO of the bank.

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