Western Bank to pay 11% dividend to shareholders

Wednesday, May 21, 2008
Western Commercial Joint Stock Bank or Western Bank recently reported that last year it earned over 30 billion dong in net profit from business, growing by 202% year-on-year.

The profit has been allocated as follows: 5% for the supplementary fund of chartered capital, 10% for risk prevention fund and the remainder (22 billion dong) will be paid for a dividend of 11% to shareholders.