Vietnam’s Sacombank reported a net profit of 2.23 trillion dong ($106 million) for 2013, up 122.4 percent from a year earlier, the Vietnam Economic Times newspaper reported.
The Ho Chi Minh City-based lender was among the few banks which reported profit for the last quarter of 2013. It posted a net earning of 571 billion dong for the three months ended December, the report said.
NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1=21,075 dong) (Hanoi Newsroom; Editing by Subhranshu Sahu)