Viet Capital Bank gets green light for 17 new branches, transaction offices

Thursday, Feb 06, 2020 15:35

A Viet Capital Bank transaction office in HCM City. — Photo courtesy of the bank

The State Bank of Vietnam has licensed Viet Capital Bank to open five branches and 12 transaction offices this year, which will take its total number of transaction points to 87 in 26 cities and provinces.

The bank will open a branch each in Ha Noi, Thanh Hoa, Binh Dinh, Lam Dong, and Dong Thap, and transaction offices, among others, in Ha Noi, Hai Phong, Khanh Hoa, Ba Ria-Vung Tau, Long An, An Giang and Kien Giang.

Viet Capital Bank met most of its business targets in 2019, with pre-tax profits rising by 36 per cent, and total assets going up by 11 per cent over 2018. — VNS

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