The lender has set itself a target nhà cái w88 1.64 trillion VND (72.24 million USD) for this year.
Last year was its first year under the restructuring scheme approved by the Government and State Bank nhà cái w88 Vietnam, and despite many challenges it managed to achieve outstanding results.
According to a report tabled at a review meeting nhà cái w88 HCM City on January 20, its total assets were up 11 percent to nearly 369 trillion VND.
Outstanding loans rose by 12.1 percent to 223 trillion VND and income surged 32.4 percent to 8.65 trillion VND.
The bank managed to recover more than 19.66 trillion VND worth of bad debts last year, including more than 15 trillion VND included nhà cái w88 the restructuring scheme.
Sacombank is among the largest joint stock banks nhà cái w88 terms of network with 566 transaction offices nhà cái w88 Vietnam, Laos and Cambodia.
Sacombank reports 10-fold jump nhà cái w88 profit
TCCTnhà cái w88 has announced a pre-tax profit of over 1.48 trillion VND (65.5 million USD) for last year, almost 10 times up from 2016.