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Joint Stock Commercial Bank of Vietnam (VietinBank – Code: CTG) has just announced that September 16th is the record date to exercise the right to attend the upcoming extraordinary General Meeting of Shareholders (GMOS) in 2024. The meeting is expected to be held on October 17th at VietinBank’s Training and Human Resources Development Institute, Van Canh, Hoai Duc, Hanoi.
The agenda of the meeting includes: electing supplementary members to the Board of Directors for the term 2024 – 2029 and other issues under the competence of the GMOS.
In terms of business results, VietinBank concluded the first half of the year with consolidated pre-tax profit reaching VND 12,960 billion, up 3% over the same period in 2023.
As of the end of June, VietinBank’s total assets increased by 6.3% to over VND 2,160,000 billion. Of this, customer lending reached VND 1,570,000 billion, up 6.7% from the end of last year. The bank’s deposit balance also increased by 4%.
Regarding credit quality, the bank’s non-performing loan ratio slightly increased to 1.57% at the end of June, compared to 1.13% at the beginning of the year.
Latest Interest Rates at Agribank in February 2023: Highest Rate for 24-month Term
Interest rates for deposits at Agribank have further decreased in early February 2024 compared to January. Specifically, individual customers’ deposits are subjected to interest rates ranging from 1.7% to 4.9% per annum, while business customers’ deposits are subjected to interest rates ranging from 1.7% to 4.2% per annum.
