Nam A Bank to list on HoSE this year

The board of directors of Nam A Commercial Joint Stock Bank presented a plan to list on the Ho Chi Minh City Stock Exchange (HoSE) in 2016 at its shareholder meeting this morning.
 

A Nam A Bank’s branch in HCMC (Photo: SGGP)

The listing time will be considered basing on the market’s development, the board added.
 
The meeting also passed some directions and planned figures this year, in which total asset value will post a year on year increase of 17 percent to VND4 trillion (US$179.32 million), outstanding loans will be up 20 percent to VND25 trillion ($1.12 billion), pre-tax profit up 19 percent to VND300 billion ($13.45 million).

By Nhung Nguyen – Translated by Hai Mien

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