Vietnam's Military Bank Gets OK To Raise Capital To VND4.4
Trillion Vs VND3.4 Trillion
HANOI -(Dow Jones)- The Military Commercial Joint Stock Bank of Vietnam said
Friday that it has received approval from Hanoi authorities to raise its
registered capital to VND4.4 trillion ($237.8 million) from VND3.4 trillion.
The additional capital will come from the conversion of 1,000 bonds it issued
in 2007, the bank said in a statement.
The bank said it had pretax profit of VND1 trillion in the first 10 months of
this year, meeting its target for the whole year.
-By Vu Trong Khanh, Dow Jones Newswires; 844 35123042; trong-khanh.vu@
dowjones.com
(END) Dow Jones Newswires
11-27-090251ET
Copyright (c) 2009 Dow Jones & Company, Inc.
|