VIB 2010 gross profit surges by 72%

Vietnam International Bank gross profit last year surged 72 percent to $50.8 million.

Its loans jumped 57.6 percent to US$1.995 billion.

The bank's total assets at the end of 2010 jumped 65.9 per cent from the previous year to nearly US$4.49 billion.

VIB's loan growth last year is well above the 27.65 per cent expansion in the whole banking system.