Common earnings of Sacombank staff for the primary time hits VND 30 million/month

Saigon Thuong Tin Business Joint Inventory Financial institution (Sacombank – STB) not too long ago introduced its semi-annual monetary report 2021 after evaluation.

The financial institution’s enterprise outcomes remained the identical because the earlier impartial report. Particularly, the financial institution’s revenue within the first 6 months of the yr reached greater than VND 2,400 billion, up 70% in comparison with the identical interval in 2020.

As of June 30, 2021, Sacombank’s whole belongings stood at VND 505,534 billion, up 2.4% in comparison with the start of the yr. Excellent loans to clients elevated by 6.1% to VND 361,109 billion. By which, excellent loans for administrative actions and supporting providers elevated sharply by 16% to 163,270 billion dong, accounting for 45% of the financial institution’s whole credit score steadiness.

Buyer deposits elevated by 1.4% to VND433,944 billion. By which, demand deposits elevated by 6% to VND 84,824 billion.

Sacombank’s off-balance sheet dangerous debt decreased by 171 billion dong within the first 6 months to five,608 billion dong, accounting for just one.55% of whole excellent loans.

The audited monetary statements current extra particularly the modifications within the funding securities part of Sacombank. Particularly, on June 30, 2021, the financial institution had greater than VND 25,767 billion of particular bonds issued by VAMC, down 5.7% in comparison with the start of the yr and a pointy lower of 20% in comparison with the identical interval in 2020.

The financial institution purchased a considerable amount of authorities bonds within the first half of the yr with a price of greater than 12,300 billion dong. It is a bond with a time period of 5 years to 15 years and the rate of interest is from 1% to eight.9%/yr, the curiosity is paid yearly.

The report additionally revealed the typical earnings of Sacombank’s staff throughout the interval. Accordingly, within the first half of 2021, the typical earnings of mother or father financial institution staff reached greater than 30 million VND/month, a rise of almost 10 million VND/month in comparison with the identical interval final yr, or 50% enhance. Together with subsidiaries, the typical earnings of staff is about 29.eight million VND/month.

On the finish of June, the financial institution had 18,233 staff (together with subsidiaries), a lower of greater than 400 folks in comparison with the start of the yr.

The sharp enhance in employees prices was additionally the primary motive why Sacombank’s working bills elevated 12.4% to greater than VND 5,000 billion.

Thu Thuy

Enterprise and Advertising and marketing

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