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www .vietinbank .vn. 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.
Indovina Bank - the first joint-venture bank in Vietnam. The Joint-venture partner are Vietinbank and Cathay United Bank in Taiwan; Vietnam – Russia Joint Venture Bank. VRB is a joint venture between the two leading banks in Vietnam and Russia, Bank for Investment and Development of Vietnam (BIDV) and Bank for Foreign Trade of Russia (VTB)
VND ( ISO 4217) Reserves. 100+ million USD [2] Website. www .sbv .gov .vn. The State Bank of Vietnam ( Vietnamese: Ngân hàng Nhà nước Việt Nam) is the central bank of Vietnam. It is the sole issuer of the national currency, the Vietnamese đồng. [3] As of 2024 it holds over USD 100 million in foreign exchange reserves. [2]
Vietinbank Prepares for the Future of Vietnamese and International Banking with New Core Banking System from FIS JACKSONVILLE, Fla. & HANOI, Vietnam--(BUSINESS WIRE)-- FIS™ (NYS: FIS) , the ...
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The Joint Stock Commercial Bank for Investment and Development of Vietnam ( Vietnamese: Ngân hàng Thương mại Cổ phần Đầu tư và Phát triển Việt Nam ), commonly known as BIDV, is a Vietnamese state-owned bank in Vietnam. It is the country's biggest bank by assets ($72 billion USD) as of June 2021. [4] [5] According to the ...
The most important banks are the state-owned VietinBank, BIDV, and Vietcombank, which dominate the banking sector. There is also a trend of foreign investment into profitable banks. For example, VietinBank is currently owned by Bank of Tokyo Mitsubishi UFJ (19.73%) while Vietcombank is owned by Mizuho (15%).
Since 1992 Vietnam's banking system has consisted of a combination of state-owned, joint-stock, joint-venture, and foreign banks, but the state-owned commercial banks predominate, and they suffer from high levels of NPL, most of them to state-owned enterprises. Consequently, in September 2005 Vietnam decided to equitize all five state-owned ...