DongA Bank appoints two Deputy General Directors

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DongABank appointed Mr. Vo Tan Bao Quang and Mr. Tran Quang Phuong as Deputy General Director from April 15.

DongA Bank. (Artwork: The Bidding Newspaper).

DongA Commercial Joint Stock Bank (DongA Bank) has just announced the new appointment of Deputy General Director for Mr. Vo Tan Bao Quang and Mr. Tran Quang Phuong from April 15.

Mr. Quang was born on October 28, 1970, used to hold the position of Head of Strategy Division of DongA Bank; Mr. Phuong was born on May 11, 1973, before that he held the position of Head of Credit Division at the bank.

Besides Mr. Quang and Mr. Phuong, DongA Bank also has 3 other deputy general directors including Mr. Nguyen An, Nguyen Quoc Toan and Nguyen Ngoc Tam. Mr. Nguyen Thanh Tung is currently the General Director cum Member of the Board of Directors of the bank.

Regarding the structure of the Board of Directors, there are all 5 members; in which, Mr. Vo Minh Tuan is the Chairman of the Board of Directors. In addition to Mr. Tung, the other 3 members include Mr. Nguyen Dinh Truong, Tran Van Dinh and Huynh Phuong.

According to the latest data updated by the bank, at the end of the first 6 months of 2019, total mobilization from customers reached VND 63,450 billion, an increase of 4.3% compared to the beginning of 2019 and an increase of 3% over the same period of the year. 2018.

In the first half of 2019, service income reached VND 247 billion, approximately over the same period last year. In which, profit from forex trading increased by 16 billion dong, up by 40% YoY.

Also during this period, the bank recovered VND 1,870 billion of debt with both principal and interest. Accumulated from 8/2015 to 6/2019, the bank has recovered 16,350 billion of bad debt.

Source: – Translated by