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Vietnam ACB says 2007 profit doubles to $104 mln

Thu Jan 3, 2008 8:37pm EST

HANOI, Jan 4 (Reuters) - Asia Commercial Bank ACB.HN (ACB), Vietnam's fifth largest lender, said on Friday it made a net profit of 1.68 trillion dong ($104 million) last year, more than double that of 2006.

The Ho Chi Minh City-based bank said in a statement its assets soared 96.2 percent to 87 trillion dong by the end of last year. The 2007 results were not audited, it said. ($1=16,108 dong) (Reporting by Ho Binh Minh; Editing by Michael Battye)



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