Nam A Bank Boosts Registered Capital to US$84.4Mln
Nam A Commercial Joint Stock Bank announced it has been permitted to scale up its registered capital to VND1.35 trillion (US$84.4 million) by the end of this year, up 134.8 per cent from current VND575 billion.
As of end September, the bank had total assets of VND4.7 trillion, total deposit of VND3.9 trillion and total outstanding loans of VND2.25 trillion. It earned a profit of VND73 billion.
Currently, the unlisted bank has 40 branches and transaction offices nationwide. The figure is expected to reach 55 by the year-end.
Nam A will seek cooperation deals with other strong partners in sectors of securities, insurance, forex and financial leasing. (Laborer)
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