HÀ NỘI — Vietnam International Bank (VIB) has announced its pre-tax profit at over VNĐ5.64 trillion in the first half of this year, up 12 per cent year-on-year. In Q2 alone, the bank's pre-tax profit hit a record high of nearly VNĐ2.95 trillion. Meanwhile, non-interest income reached nearly VNĐ1.59 trillion, contributing 15 per cent to the total revenue. Cautious about credit growth, improved asset qualityAs of June 30, 2023, VIB's total assets topped nearly VNĐ379 trillion, up 10 per cent compared to the beginning of the year. However, in the second quarter, the bank recorded positive business performance with credit growth reaching 2.4 per cent.

Source: Viet Nam News July 31, 2023 21:28 UTC