The Chairman of OCB Bank shared that bad debts of individual customers mainly stem from the post-COVID-19 period, when the economy faced many difficulties and their ability to repay debts decreased.
According to the Chairman of the Board of Directors of OCB Bank, the bank's shares are currently undervalued compared to other commercial banks in the mid-range group.
Sau khi ông Nguyễn Đình Tùng, thành viên HĐQT Ngân hàng OCB xin từ nhiệm thì ông Nguyễn Văn Hương, Phó Tổng giám đốc cũng xin “rút lui”.
Orient Commercial Bank (HOSE: OCB) has just announced the resignation of Mr. Nguyen Dinh Tung from his position as a member of the Board of Directors at his own request.
Currently, OCB offers the free OCB OMNI solution, which updates balance changes online, so customers can cancel SMS Banking to save costs.
In 2023, OCB Bank's pre-tax profit reached nearly VND 4.140 billion, achieving only 69% of the planned target, a decrease of 6% compared to 2022.
Taking advantage of his assigned task of assisting customers in preparing loan applications at the bank, Phap defrauded and misappropriated billions of dong from many people.
According to Mr. Nguyen Dinh Tung, General Director of Orient Commercial Bank (OCB), the fact that banks have had "excess cash" recently is also a positive sign.
The more than 20% drop in OCB Bank's pre-tax profit compared to 2022 has caused concern among shareholders, leading them to question the Board of Directors.
The People's Committee of Ward 6, Binh Thanh District, has issued a notice seeking individuals who visited two locations on June 8th and June 14th due to their connection with a suspected COVID-19 case.
After plummeting on the day news broke of the arrest of a female director accused of defrauding 15 billion VND, OCB's stock price has continuously increased, gaining thousands of billions of VND in market capitalization.
Despite only recently being listed on the HOSE stock exchange, Orient Commercial Bank (OCB) shares have already reached a market capitalization of over 20.000 billion VND.
The consolidated financial reports for the third quarter and the first nine months of the year from banks show that most achieved positive business results, but a negative point is the high increase in the non-performing loan ratio.
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