BIC gains profit of 40b dong in first 4 months
In details, the company estimated to reach Jan-April premium from insurance fees of 227.76 billion dong, pre-tax profit of 40.13 billion dong, up 50 percent year-on-year.
Up to April 30, 2012, the corporation's total asset value was posted at 1.849 trillion dong, and ownership capital of 704.57 billion dong.
Especially in the context of economic difficulties, BIC maintain low premium-owned rate, while claim rate of the Coroporation stays low compared to the planned rate.
In April 2012, BIC had a big change in management team with the official appointment of the CEO and new Vice General Directors. Mr Ton Lam Tung, current acting CEO officially hold the position of CEO from the 1st May 2012, Ms Doan Thi Thu Huyen and Mr Vu Minh Hai have been appointed Vice General Directors to meet the management requirement of BIC after the move of Mr Dao Chi Cuong and Mr Mai Nguyen Dong to BIDV system from March 2012.
BIC also finished the payment of devidend to shareholders as planned in the General Shareholder Meeting.