Analyst Pin-board: TCB – Update on business performance 2018 and 2019 AGM
4Q2018 marked the 13th consecutive quarter of positive core operating income and PBT growth for TCB. For the entire year, TCB achieved VND 10,661bn in PBT up 32.7% yoy (58% if we eliminate the extraordinary income in recent years). This result was mainly driven by high credit and service income growth as well as reduced provision expenses.
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