Techcombank leads domestic banks in average monthly staff payment

Techcombank's total staff payment reached VND3,381 billion ($144.5 million) in the first half of the year, equivalent to a per capita income of VND46 million ($1,970) per month, a top figure among domestic banks.

In the second quarter, the bank recorded a net revenue and pre-tax profit of $333 million and $251 million, up 18% and 22% year-on-year, respectively.

By the end of Q2, Techcombank's total assets hit $26.65 billion, a 10% increase compared to the beginning of the year.

As of June 30, 2022, its long-term loans reached nearly $7.77 billion, up nearly 31% against the beginning of the year. Long-term loans accounted for 46.4% of total loans, up from 40.06%.

In the first six months of the year, Techcombank's net revenue and pre-tax profit reached $679.6 million and $491 million, up 25% and 23% over the same period last year, respectively.

As of June 2022, Techcombank had 12,014 employees, down 492 compared to the beginning of the year.

On the Ho Chi Minh City Stock Exchange, the TCB shares price hit VND37,100 ($1.58) a piece at the closing session on July 22.

Techcombank recently acquired a $1 billion trade loan facility from 26 foreign banks, marking the largest mid- to long-term syndicated term loan facility ever raised by a commercial bank in Vietnam.

It has become the first private bank in Vietnam with equity exceeding VND100 trillion ($4.27 billion). Its Q2 financial report mentions equity at VND104.47 trillion ($4.46 billion) as of June 30, up 12.29% from the end of 2021.