STB: Explanation of Audited Financial Statements for 2024 Compared to Last Year

Saigon Thuong Tin Bank (STB) has just announced its audited consolidated and separate financial statements for 2024. Compared to the same period last year, pre-tax profit of the bank reported stable growth. Despite facing challenges from the financial and economic markets, STB proactively managed costs and strengthened lending activities in high-potential sectors. Consequently, the total assets of the bank have increased, indicating a robust expansion in business operations. The financial statements also reveal that the bank’s asset quality is continuously improving, with bad debts being well-controlled. This has helped STB reinforce investor confidence and enhance its competitive position in the market. STB is committed to maintaining sustainable growth momentum in the coming years while seeking new opportunities for development.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts