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.
Item
Distribution ratio
Amount
(VND million)
1
Profit after tax
(1)
6,690,239
2
Fund distribution
(2) = (2.1) + (2.2) + (2.3)
2,869,961
2.1
Provision for charter capital
(2.1) = (1) * 5%
334,512
2.2
Financial provision fund
(2.2) = (1) * 10%
669,024
2.3
Bonus and welfare fund
(2.3)
1,866,425
3
Profit before dividend payment
(3) = (1) -(2)
3,820,278
4
Cash dividend payment
(4) = (4.1) * (4.2)
804,404
4.1
Charter capital
(4.1)
40,220 ,180
4.2
Payment ratio
(4.2)
2%
5
Remaining profit after cash dividend payment
(5) = (3) -(4)
3,015,874
6
Profit from revaluation of financial instruments
(6)
23,653
7
Stock dividend payment
(7) = (5) - (6)
2,992,221