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The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietnamese: Ngân hàng Thương mại Cổ phần Công thương Việt Nam), trading as Vietinbank, is a state-owned Vietnamese bank. As of 2023, it is Vietnam's second-largest bank, with VND 1,800 trillion (around $76 billion) of assets under management .
Banking in Vietnam started in 1976 with the State Bank Vietnam, which became the central bank of the country. Vietnam's banks suffer from low public confidence, regulatory and managerial weakness, high levels of non-performing loans (NPL), non-compliance with the Basel capital standards, and the absence of international auditing.
Chi nhánh Ngân hàng Đại chúng TNHH Bangkok Bank tại Việt Nam Bangkok Bank Vietnam Thailand Harbour View Tower, 35 Nguyen Hue, District 1, HCMC Chi nhánh Ngân hàng Deutsche Bank tại Việt Nam Deutsche Bank AG Vietnam Branch Germany Deutsches Haus Tower, 33 Le Duan, District 1, HCMC
In July 2023, the State Bank of Vietnam decided to apply special control measures to SCB. Subsequently, the bank continuously closed branches and transaction offices. [37] As of January 2024, police supposedly tried to find about 42,000 defrauded depositors who had not received interest or principal payments since the arrest of Lan in October ...
As of December 31, 2023, LPBank's total assets reached over VND382,953 billion, [1] up 17% from the beginning of the year. Market segment 1 mobilization activities reached VND285,342 billion; [ 2 ] [ 3 ] credit growth reached VND39,686 billion with a rate of 16.83%, in line with the ceiling allowed by the State Bank of Vietnam .
BIDV was established on 26 April 1957 as the Bank for Construction of Vietnam (Ngân hàng Kiến thiết Việt Nam), under which name it operated until 24 June 1981, at which point it changed its name to the Bank for Investment and Construction of Vietnam (Ngân hàng Đầu tư và Xây dựng Việt Nam). It adopted its present name on 14 ...
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In 2023, Techcombank, a joint stock commercial bank in Vietnam, was awarded the "Best Financial Institution for Syndicated Loan in Vietnam" at The Asset Triple A Country Awards. [25] [26] [27] The Asian Banker has recognized Techcombank as the "Best Retail Bank" in Vietnam. [28] [29] Best Customer Engagement Bank in Asia awarded by IDC. [30] [31]