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Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. [5] The bank has 2,649 branches in 19 countries. [6] [7] [8] Citibank first opened a branch in Vietnam prior to 1975. [9] [10] In 1993, Citi returned to Vietnam and established a representative office in Hanoi.
OCB was established on June 10, 1996 in Ho Chi Minh City. [5] [6] [7] In the early years of its establishment, OCB focused on developing retail banking services, such as deposit mobilization, lending, payment, card services, etc.. [8] [9] OCB also expanded its operating network to many provinces and cities across the country. [10] [11] [12]
Vietnamese name English name Trading Abbreviation Charter capital (VND bil.) [1] Headquarters Website Ngân hàng Chính sách Xã hội Việt Nam Vietnam Bank for Social Policies
Tiên Phong Bank was founded on May 5, 2008. [2] [3] In August 2010, the bank increased its charter capital to VND 2,000 billion. [4]In December 2013, TPBank launched its official branding [5] [6] and in December 2014, the bank opened its new headquarters at 57 Lý Thường Kiệt, Hoàn Kiếm, Hanoi.
Vietcombank Tower is 35 storey building in Ho Chi Minh City. [26] The tower is a venture between Vietcombank and FELS Property Holding of Singapore. [1] The tower is located at District 1, Ho Chi Minh City. With the height of 206 meters, it is the third tallest building in Ho Chi Minh City and the seventh tallest building in Vietnam.
[3] [4] [5] It is the first state-owned commercial bank of Vietnam, established with the objective of focusing credit resources to serve the development of agriculture, farmers, and rural areas. [6] By 2000, Agribank had 2,300 branches and transaction offices nationwide, accounting for 40% of the agricultural credit market share.
In 1990, an ordinance reorganised the state bank and redefined its function as: "on behalf of the State, of managing money, credit, and banking operations throughout the country in order to stabilize a value of money, and is the only agency with power to circulate the currency of the Socialist Republic of Vietnam" [5] While the State Bank ...
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. [4] [5] As of the end of 2023, LPBank's NPL ratio was 1.26%, lower than the same period (1.45%) and much lower than the third quarter of 2023 ...