Military Commercial Joint Stock Bank (MB) reported a pretax profit of VND4,002 billion (nearly US$190 million) that increased 43% compared with nine months of 2016.
This result came from MB's net interest income increasing 41%.
According to the financial report of MB, from the beginning of the year to the end of September, its customer loans increased by 17% and reached over VND176 trillion (more than US$8 billion).
Deposits of customers also grew 8.7%, up to VND211 trillion (nearly US$10 billion).
In the lending business of MB, after the introduction of MCredit, consumer loan brand in cooperation with Shinsei of Japan, the proportion of lending to individuals and business households increased to 32.6% from 30% at the end of last year.
The total value of personal and business loans of the bank are VND57,457 billion (about US$2,7 billion).
In particular, MB's income from service activities doubled compared with the same period last year, reaching VND1,035 billion (approximately US$49 million).
MB also actively treated bad debt and recovered VND581 billion (US$27.5 million) in the first nine months of 2017.
According to this bank's report, employees' salary and allowance increased by 65% year over year. Over the past year, the number of employees in MB increased by 3291 to 12,196.
After three quarters of 2017, the average earning per employee of MB was VND21 million (US$993) per month, up from last year's VND17.3 million (US$818) per person.
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