AsemconnectVietnam - According to the audited 2022 financial report, the pre-tax profit of VietBank (VBB - UPCoM) increased to VND656 billion (before the audit was VND650 billion), an increase of 3.2% over the same period in 2021.

Specifically, in the audited 2022 financial statements, VietBank's pre-tax profit increased by VND6 billion, from VND650 billion to VND656 billion, up 3.2% over the same period in 2021; total assets reached VND111,307 billion, up 7.67% compared to the beginning of the year; The structure of the asset portfolio continued to be restructured in the direction of increasing the proportion of profitable assets.
This encouraging result comes from proactive and flexible decisions to maintain operations in the direction of safe and sustainable development, focusing on improving the quality of products and services and the implementation of incentive packages, customer support.
In 2022, Vietbank's total mobilization will reach nearly VND100,000 billion; in which, mobilized capital from customers (including valuable papers) reached VND81,110 billion. Loans to customers of Vietbank as of December 31, 2022 reached VND63,633 billion.
As of December 31, 2022, VietBank's bad debt ratio is 2.48% of the total debt applied in accordance with Circular 11 of the State Bank of Vietnam.
Net interest income after audit also increased to VND1,811 billion, up 21.8% compared to 2021. Besides, net profit from service activities increased to VND121 billion, up 28.4%; At the same time, foreign exchange business recorded a profit nearly 5 times higher than in 2021, reaching VND55.6 billion.
In 2023, Vietbank will continue to operate in the direction of sustainable safety and ensure safety indicators according to regulations of the State Bank of Vietnam.
At the same time, Vietbank will focus on improving operational standards and governance efficiency; improve service quality, optimize value for customers and develop high-quality human resources associated with the meritocratic mechanism.
Along with that, Vietbank focuses on developing a retail-oriented traditional customer base; at the same time, implementing the policy of the Government and the State Bank on prioritizing capital for the production and service sectors to accompany the recovery of the economy.
N.Nga
Source: VITIC/Tinnhanhchungkhoan