A Vietcombank transaction office in Viet Nam. The bank reports a pre-tax profit of VND4.52 trillion (US$201.7million) after the first three quarters. — Photo VnExpress.net

HA NOI (Biz Hub) — The Joint Stock Commercial Bank for Foreign Trade of Vietnam, known more commonly as Vietcombank, has reported a pre-tax profit of VND4.52 trillion (US$201.7million) after the first three quarters, an increase of 8.3 per cent year-on-year.

Its return on assets ratio was 0.86 per cent and return on equity was 11.82 per cent.

The lender's other main business activities continued to improve, with deposit growth this year being 15.5 per cent and credit growth, more than 12 per cent. Personal loans soared by 27.2 per cent.

As of September 30 Vietcombank's non-performing loans were worth VND7.7 trillion ($343 million), representing a drop to 2.1 per cent from 3 per cent at the start of the year.

Vietcombank is hopeful of achieving all its business targets for this year. —VNS