Customers conduct transaction at the Viet Capital Bank, which achieved a net profit of VND207 billion (US$9.59 million) last year, a year-on-year increase of 53 per cent. — VNS File Photo.

HCM CITY (Biz Hub) — Viet Capital Bank reported a net profit of VND207 billion (US$9.59 million) last year, a year-on-year increase of 53 per cent, thanks to impressive growth from forex trading, stock investment and other activities.

The bank also reported an increase of 12 per cent in total asset value toVND25.78 trillion ($1.19 billion) by the end of last year, and 13 per cent growth in capital mobilisation.

Its total credit balance reached VND15 trillion ($695.4 million) last year, up 40 per cent over 2013, of which outstanding loans were worth VND12.99 trillion ($602.2 million), an increase of 29 per cent.

In its media release, the bank said it had kept the Capital Adequacy Ratio (CAR) at around 14-15 per cent, much higher than the minimum rate of 9 per cent set by the State Bank of Viet Nam. — VNS