SaigonBank expects new plan to bring VD350B profit

SaigonBank has approved the 2011 business plan in the annual general meeting with targeted pre-tax profit of 350 billion dong and dividend payment of 11 percent.

Last year, the bank posted to gain total profit of 321.18 billion dong.

As planned, SaigonBank will raise chartered capital to 3.5 trillion dong in 2011, increasing by 42 percent against that of 2010.