Hanoi, Saigon Bank (SHB) recently announced the results of the third quarter. Accordingly, net income from interest rate 9 months reached almost 2,200 billion (up 19%) over the same period. According to the explanation of the SHB, array of services still reaching good sales growth, earnings compared to last year but because of the way the new accounting should income from this array of financial report are lower than in the same period.Under the new regulations, income from guarantee services are recorded in revenue from interest rates. 9 months, accumulated interest rate before tax SHB 727.62 billion, an increase of almost 6% compared with the third quarter last year.To 30/9, outstanding customer loans reached 122,567 billion, an increase of 15% compared with the beginning of the year. The total financing increased 8.6% compared to the beginning of the year. Bad debt rate is 2.38%.
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