Vietnam Habubank's 10-month assets jump 65.6 pct

HANOI, Nov 30 (Reuters) - Vietnam's Habubank, 10 percent owned by Deutsche Bank (DBKGn.DE), said its assets had jumped 65.6 percent from the end of last year to 19.36 trillion dong ($1.2 billion) by October due to soaring loans.

The outstanding loans of the unlisted, Hanoi-based bank at the end of October were 46.8 percent higher than at the end of 2006 at 8.78 trillion dong ($544 million), it said in a statement seen on Friday.

It made a gross profit of 391 billion dong in the first 10 months of this year, the statement said without giving a comparative figure for last year's same period.

Habubank has more than 111,000 retail and small and medium-sized business customers through its network of 26 branches and 750 employees, Deutsche Bank said in October.

Shares in Habubank were down to 55,000-56,000 dong ($3.4-$3.5) on Vietnam's unregulated, unofficial markets on Thursday from 67,000-68,000 dong on Oct. 30, FPT FPT.HM Securities Co quotations showed.

Habubank is now valued at $490 million. ($1=16,125 dong) (Reporting by Ho Binh Minh; Editing by Michael Battye)