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 BID: The Board approves the profit distribution plan
HOSE - 12/9/2021 5:02:00 PM
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On December 06, 2021, the Board of Directors of Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) approved the 2020 profit distribution plan as follows:
No.
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Item
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Distribution ratio
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Amount
(VND million)
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1
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Profit after tax
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(1)
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6,690,239
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2
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Fund distribution
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(2) = (2.1) + (2.2) + (2.3)
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2,869,961
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2.1
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Provision for charter capital
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(2.1) = (1) * 5%
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334,512
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2.2
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Financial provision fund
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(2.2) = (1) * 10%
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669,024
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2.3
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Bonus and welfare fund
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(2.3)
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1,866,425
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3
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Profit before dividend payment
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(3) = (1) -(2)
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3,820,278
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4
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Cash dividend payment
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(4) = (4.1) * (4.2)
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804,404
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4.1
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Charter capital
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(4.1)
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40,220 ,180
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4.2
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Payment ratio
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(4.2)
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2%
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5
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Remaining profit after cash dividend payment
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(5) = (3) -(4)
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3,015,874
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6
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Profit from revaluation of financial instruments
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(6)
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23,653
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7
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Stock dividend payment
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(7) = (5) - (6)
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2,992,221
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