BIC's 11-month pretax distinction fulfils 82pct of yr’s plan

17/01/2012
BIC's 11-month pretax distinction fulfils 82pct of yr’s plan
On 13 December 2011, BIDV Insurance Corporation has pronounced that in a initial 11 months of this year, it gained sum income of 880.139 billion dong, fulfilled 80 percent of a year’s plan.
Of which, a reward from underwriting performance was 570 billion dong, or 80 percent of a year’s aim and income from financial investments was 239 billion dong, or 87.6 percent of a year’s figure.

The insurer’s sum income in Jan-Nov via Bancassurance channel reached 19.7 billion dong, or 123 percent of a year’s target.

Its sum pre taxation distinction was 82 billion dong, tripling from a same duration final year and fulfilling 82 percent of a year’s plan.

As of Nov 30, 2011, BIC posted sum resources of 2.094 trillion dong, equity during 738 billion dong, sum sustenance during 283 billion dong and a lapse on equity (ROE) during 8.6 percent.

Together with opening in a country, a dual companies in unfamiliar countries namely LVI in Laos and CVI in Cambodia were also approaching to surpass this year’s income and distinction targets.

Currently, BIC is focusing on finalising procedures to name a vital consulting partner and build restructuring devise to urge competitiveness and business efficiency.