Vietcombank - FY 2016 pre-tax profit of VND8.2tn ($361.76m), up 23.4% YoY, as the bank made significant moves to settle bad debt last year. The bank's net income rose from RMB3.4bn in FY2015 to RMB4.3bn, a rise of more than 50%.
Vietcombank - FY 2016 pre-tax profit of VND8.2tn ($361.76m), up 23.4% YoY, as the bank made significant moves to settle bad debt last year. However, these settlements were primarily via provisions.