VPB - Massive capital raising; Retail banking to be key driver - AGM Note
  • 2018-03-20T17:28:52
  • Company Research
VPB at its AGM on March 19, 2018 briefly discussed 2017 achievements and a plan to increase charter capital in 2018, and answered shareholder questions. 2018 targets included PBT at VND10.8tn (USD473mn, +33% YoY), total assets at VND359tn (USD15.8bn, +29% YoY), customer loans at VND229tn (USD10.1bn, +25% YoY), deposits including valuable papers at VND242tn (USD10.6bn, +21% YoY) and NPLs below 3%.