Vietnam Joint Stock Commercial Bank for Industry and Trade - Company Profile
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Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), a subsidiary of State Bank of Vietnam, is a provider of personal, business, and investment banking; insurance; and other related financial solutions. It offers a range of accounts such as current, savings, and certificate of deposits; debit and credit cards; loans for auto, mortgage, education, and corporate finance; and leasing; among others. The investment banking services include advisory for M&A, portfolio management, consulting on securities investment, securities licensing and underwriting, bond issuance, and initial public offerings. The bank offers insurance coverage for both life and non-life risks. It provides overseas remittances, foreign currency trading, reinsurance, trading of precious metals and stones, mobile and online banking, international services, and cash management, among others. It has operations in Vietnam, Myanmar, Germany, and Laos. VietinBank is headquartered in Hanoi, Vietnam.
Vietnam Joint Stock Commercial Bank for Industry and Trade premium industry data and analytics
Products and Services
Products | Services |
---|---|
Accounts: | Overseas Remittance Services |
Current | Foreign Currency Trading |
Savings | Wire Transfer |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In March, VietinBank Global Money Transfer Company and Remsea signed a partnership to send money to Vietnam. |
2023 | Contracts/Agreements | In December, the company signed a memorandum of understanding with the Japan Bank for International Cooperation for decarbonization and energy transition in Vietnam. |
2023 | Contracts/Agreements | In November, the company entered into a partnership with Droppii to introduce the VietinBank Epartner Droppii Virtual Card. |
Competitor Comparison
Key Parameters | Vietnam Joint Stock Commercial Bank for Industry and Trade | Joint Stock Commercial Bank for Investment and Development of Vietnam | Vietnam Bank for Agriculture and Rural Development | Joint Stock Commercial Bank for Foreign Trade of Vietnam | Military Commercial Joint Stock Bank |
---|---|---|---|---|---|
Headquarters | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam |
City | Hanoi | Hanoi | Hanoi | Hanoi | Hanoi |
State/Province | - | - | Ha Noi | Ha Noi | Ha Noi |
No. of Employees | 24,642 | 28,836 | 40,909 | 23,493 | 16,324 |
Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Tran Minh Binh | Chairman | Executive Board | 2021 | 49 |
Tran Cong Quynh Lan | Deputy General Director; Director - IT | Senior Management | 2015 | 44 |
Nguyen Hoang Dung | Deputy General Director | Senior Management | 2021 | 61 |
Nguyen Hai Hung | Chief Accountant | Senior Management | 2011 | 51 |
Tran Thu Huyen | Director | Non Executive Board | 2014 | 46 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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