notes to the consolidated financial statements - Sacombank
notes to the consolidated financial statements - Sacombank
notes to the consolidated financial statements - Sacombank
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<strong>Sacombank</strong>’s Development<br />
▲ Key Financial Indica<strong>to</strong>rs:<br />
Chartered capital reaches approximately VND6,494 billion, up 46%;<br />
Total assets reach over VND93,000 billion, up 46%;<br />
Mobilizing capital reaches over VND80,000 billion, up 45%;<br />
Total outstanding loans reach around VND45,000 billion, up 30%;<br />
Pre-tax profi t rises more than VND1,800 billion, up 24%;<br />
Some fi nancial indica<strong>to</strong>rs on <strong>the</strong> quality of performance in 2008:<br />
+ Capital Adequacy Ratio (CAR) : 11% – 12 %<br />
+ Return on Assets (ROA) : 2% – 2,5%<br />
+ Return on Average Chartered Capital : 29% – 30%<br />
+ Overdue Loan rate : < 2%<br />
The achievements of 2007 have demonstrated <strong>the</strong> Bank’s strength and<br />
confi dence <strong>to</strong> carry out business plans in 2008. We believe that <strong>Sacombank</strong><br />
will overcome challenges <strong>to</strong> ensure that <strong>the</strong> Bank continues <strong>to</strong> grow<br />
robustly. The staff will all endeavor <strong>to</strong> work hard so that 2008 will be ano<strong>the</strong>r<br />
successful year and that we will inch closer <strong>to</strong> completing our four year<br />
development strategy <strong>to</strong> 2010.<br />
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