Compared to the year’s plan of VND388 billion, the bank only completed 56% its pretax profit target.

In 2015, Kienlongbank’s total assets grew 9.63%. Its customer deposits jumped 21.18% while outstanding loans rose 19.9%. The bank’s non-performing loan (NPL) ratio was below 2.5%.

In 2016, Kienlongbank targets at over VND300 billion profit. The bank also aims at growth rates of 15% in total assets, 25% in customer deposits and 20% in outstanding loans with NPL ratio of less than 2.5%. These indicators will be submitted to its annual general meeting of shareholders (AGM) in 2016 for approval.