Namvietbank quadruples Q1 rise in profit

With over 60 billion dong profit in the first quarter of this year, Namvietbank-NVB fulfilled 22 per cent of the year's plan.

The bank's net interest income in Q1 increased over 100 percent compared to the figure in 2010 to reach over 132 billion dong.

NVB's foreign currency operations earned over 8.5 billion dong profit against the loss of 4.2 billion dong in last Q1.

The bank's after tax profit in Q1 was over 60 billion dong, four times higher than the same period last year.