February 26, 2014 / 1:31 AM / 3 years ago

VIETNAM PRESS-Bank assets in Vietnam jump 13 pct in 2013 - Vietnam News

1 Min Read

Commercial banks in Vietnam reported their total assets at the end of 2013 rose 13 percent from the previous year to 5,700 trillion dong ($271.4 billion), according to central bank data, the Vietnam News newspaper reports.

While bank equity grew 6.54 percent last year to $9.29 billion, the health of financial companies worsened, with equity slumping 75 percent and assets plunging 57 percent, the report said.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Hanoi Newsroom; Editing by Supriya Kurane)

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