Asia Commercial Bank generated total banking revenues of VND 5,096 bil in the fourth quarter of 2019, up 17.2% when compared to the same period of last year and 25.5% when compared to the previous quarter.
Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of VND 5,096 bil in 4Q2019 and an all time low of VND 670 bil in 3Q2012. The average revenue in the last six quarters amounted to VND 4,153 bil.
Net interest income represented 65.4% of total revenues, fee income contributed 9.53% and other non-interest income added further 25.1% to the overall revenue generation in 4Q2019.
Bank's total revenues accounted for 5.31% total assets in the fourth quarter of 2019, up from 5.28% a year earlier.