Vietinbank to be listed on southern bourse
The Vietnam Bank for Industry and Trade
(Vietinbank) will list its shares on the Ho Chi Minh Stock Exchange on
July 16.
The Vietnam Bank for Industry and Trade
(Vietinbank) will list its shares on the Ho Chi Minh Stock Exchange on
July 16.
The bank plans to list 121 million shares at an offering price of 50,000 VND each.
Vietinbank has a statutory capital of over 11.25 trillion VND equal to 1,125 million shares with 89.23 percent retained by the State.
This year, Vietinbank’s pre-tax profits are expected to reach about 2.6 trillion VND and the bank will pay a dividend of 10 percent.
This year, 70 percent of its earnings are forecast to come from loans, 20 percent from investments in the capital market and about 7 percent from banking services./.
The bank plans to list 121 million shares at an offering price of 50,000 VND each.
Vietinbank has a statutory capital of over 11.25 trillion VND equal to 1,125 million shares with 89.23 percent retained by the State.
This year, Vietinbank’s pre-tax profits are expected to reach about 2.6 trillion VND and the bank will pay a dividend of 10 percent.
This year, 70 percent of its earnings are forecast to come from loans, 20 percent from investments in the capital market and about 7 percent from banking services./.
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