OTC Market News

Trading OTC Stock Market News

Trade BCHUSD, Bitcoin and Cryptocurrencies

BUY & SELL BCHUSD | View BCHUSD News & Updates

Buy Sell BCHUSD, Bitcoin and Cryptocurrencies

Vietinbank H1 pretax profit reaches VND2.1 trillion   2009-07-13 - SanOTC

Viet Nam Bank for Industry & Trade, which sold shares to the public in December, said pretax profit reached VND2.1 trillion (US$118 million) in the first half.

Le Duc Tho, head of the bank’s Investment Department, declined to provide year-earlier figures in a telephone interview from Hanoi Friday.

VietinBank, as the country’s fourth-biggest lender is known, expects pretax profit to reach VND3.5 trillion this year, Chairman Pham Huy Hung said on May 26.

The bank raised VND1.09 trillion in an initial public offering (IPO) on December 25 when the government sold 53.6 million shares at an average of VND20,265 per share. The minimum bid in the IPO was VND20,000, and the stock traded at VND39,500 on the so-called over-the-counter market on Thursday, according to FPT Securities Inc. prices.

VietinBank plans to list 121 million shares at an initial price of VND50,000 on its trading debut scheduled for July 16, Tho said.

Other news

OTC market recap week ending 10 July: Market Wobbles in thin trading   2009-07-11

Investors in fire ball   2009-07-01

Down trend appears?   2009-06-30

Hestitation to specifiy trend   2009-06-29

UpCom approaching   2009-05-29

OTC market: Tightened control will help?   2009-05-21

Viet Capital Securities announces 2008 profit of 12b dong   2009-05-20

Phuc Hung Constrexim reports 4.6b dong 2008 profit   2009-05-20

PetroVietnam Construction Co. to list shares in Ha Noi   2009-05-20

Saigon Co-op celebrates its 20th anniversary   2009-05-18

MB Bank denies rumour it purchased 1.5mil shares   2009-05-13

OTC market trouble fixed as buyer transfers money   2009-05-11

OTC weekly recap (03 May – 08 May)   2009-05-09

Hanoi OTC market chaotic on VND32bil in unpaid shares   2009-05-07