Techcombank's 2011 profit up 53% to $200M

Techcombank posted a US$200 million in 2011, an increase of over 53 per cent over 2010.

The bank’s total assets as of December 31, 2011, totalled $8.6 billion, an increase of 20.35 per cent from the the previous year.

Techcombank’s capital adequacy ratio remained at 11.43 per cent, much higher than the standard of 9 per cent set by the State Bank of Viet Nam.

The bank has 307 branches and 1,250 ATMs nationwide.