Quarterly financial report I/2014 that many banks announced revealed many credit consolidation surprises, the most notable is both profitable and steadily increasing credit very satisfactory, although the general situation of the economy have not had many changes.
Most unexpected acceleration of profitable quarter of 2014 the Techcombank. According to the credit report which the Bank announced, unified profit before tax in the quarter reached 673 billion, an increase of 69% over the same period, reaching 57% of all profit target by 2014. Compared to the year 2013 is 842 billion, profits of Techcombank quarter this year by 76.6%.
Similarly, has just undergone a year of growth, song up to 2014, the Eximbank's better profits. Leader of the Eximbank said the Bank's profits totaled 580-600 billion in the first four months of the year 2014, by 2/3 of the profits before tax by 2013 (827 billion). Eximbank is planning, profit before tax in 2014 at 1,800 billion, twice as high than done in 2013.
Also achieving satisfactory profit growth's SHB Bank. As of first quarter/2014, SHB reached 271.5 billion pre-tax profit, up 53.9 billion. 2014, SHB credit growth planning, 22.8%; profit before tax was 1,270 billion, up 26.9% compared to perform in 2013; 9% dividend.
About credit consolidation, in the first quarter of this year has witnessed the growth of the "spirit" of many banks.
Specifically, the quarter of 2014, VIB credit growth to 7.1%. TPBank credit growth in the first quarter to 12%. In some other banks, like the BANK Techcombank, ... credit, rising at the rate of 2-3%.
That's very high credit growth compared with the overall rate of the country (up to 20/4, full credit system only increased 0.62%).
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