This is the list of banks in Vietnam , as of 2019.
Contents
- State-owned Banks
- Private Joint-Stock Commercial Banks
- Branches of foreign banks
- Foreign Joint-Venture Banks
- References
- External links
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This is the list of banks in Vietnam , as of 2019.
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| Vietnamese name | English name | Charter capital (VND bil.) [1] | Headquarters | Website |
|---|---|---|---|---|
| Ngân hàng Nông nghiệp và Phát triển Nông thôn Việt Nam | Vietnam Bank for Agriculture and Rural Development (Agribank) | 40,963 | 2 Lang Ha, Hanoi | agribank.com.vn |
| Ngân hàng Thương mại Cổ phần Đầu tư và Phát triển Việt Nam | Bank for Investment and Development of Vietnam (BIDV) | 50,585 | BIDV Tower, 194 Tran Quang Khai Street , Hoan Kiem District, Ha Noi city. | bidv.com.vn |
| Ngân hàng Thương mại Cổ phần Ngoại thương Việt Nam | Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) | 55,892 | 198 Tran Quang Khai, Hanoi | vietcombank.com.vn |
| Ngân hàng Thương mại Cổ phần Công thương Việt Nam | Vietnam Bank for Industry and Trade (Vietinbank) | 53,699 | 108 Tran Hung Dao, Hanoi | vietinbank.vn |
The dong has been the currency of Vietnam since 3 May 1978. It is issued by the State Bank of Vietnam. The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre.
Shinhan Bank Co., Ltd. is a bank headquartered in Seoul, South Korea. Historically it was the first bank in Korea, established under the name Hanseong Bank in 1897. The bank was reestablished in 1982. It is part of the Shinhan Financial Group, along with Jeju Bank. Chohung Bank merged with Shinhan Bank on April 1, 2006.
The Vietnam Bank for Agriculture and Rural Development or Agribank is the largest commercial bank in Vietnam by total assets. It is a state-owned corporation under a special status. According to a report by the United Nations Development Programme, Agribank is also the largest corporation in Vietnam.
Asia Commercial Bank, often abbreviated to ACB, is the largest private bank in Vietnam by assets, headquartered at 442 Nguyễn Thị Minh Khai, Ward 5, District 3, Ho Chi Minh City. It was registered on 19 May 1993 and began operations in June 1993. The bank trades at the Ho Chi Minh Stock Exchange under the symbol ACB, where it listed on December 9, 2020 after previously trading at the Hanoi Stock Exchange.
CIMB Group Holdings Berhad is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region.
The Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, is a Vietnamese state-owned bank in Vietnam. It is the country's biggest bank by assets as of June 2021. According to the United Nations Development Programme report on the 100 largest enterprises in Vietnam, BIDV came in at the 4th position after Agribank, VNPT, and EVN.
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. Foreign investment limit into national banks of Vietnam is currently set to 30 percent.
TPBank is a bank of Vietnam. It was founded on 5 May 2008, TPBank inherits technological expertise and financial strength from its strategic shareholders, including DOJI Gold and Gems Group, FPT Corporation, MobiFone Corporation, Vietnam National Reinsurance and SBI Ven Holding Pte. Ltd, Singapore.
The Orient Commercial Joint Stock Bank is a joint-stock commercial bank in Vietnam. Its Swift code is ORCOVNVX.
The Vietnam Joint Stock Commercial Bank for Industry and Trade, trading as Vietinbank, is a state-owned Vietnamese bank. As of 2023, it is Vietnam's second-largest bank, with VND 1,800 trillion of assets under management.
LPBank is a Vietnamese retail bank based in Hanoi. As of December 31, 2023, LPBank's total assets reached over VND382,953 billion, up 17% from the beginning of the year. Market segment 1 mobilization activities reached VND285,342 billion; credit growth reached VND39,686 billion with a rate of 16.83%, in line with the ceiling allowed by the State Bank of Vietnam. 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.
Joint Stock Commercial Bank for Foreign Trade of Vietnam, commonly referred to as Vietcombank, is a commercial bank in Vietnam.
Vietnam Technological and Commercial Joint Stock Bank, commonly referred to as Techcombank, is a publicly listed Vietnamese bank. Its shares are traded on the Ho Chi Minh City Stock Exchange under ticker TCB.
Vietnam Post Corporation is the Vietnamese government-owned postal service.
The Vietnam International Commercial Joint Stock Bank(Vietnamese: Ngân hàng TMCP Quốc tế Việt Nam), abbreviated as "VIB", is a commercial bank in Vietnam. It was established in 1996 and is headquartered in Ho Chi Minh City. VIB is one of the largest banks in Vietnam, with a total asset of over VND 383,000 billion as of December 30, 2023.
Eximbank(Vietnamese: Ngân hàng thương mại cổ phần Xuất Nhập khẩu Việt Nam) was established on May 24, 1989, and is one of the first joint-stock commercial banks in Vietnam. Eximbank officially started operating on January 17, 1990.
Vietnam Maritime Commercial Joint Stock Bank (MSB), formerly known as Maritime Bank is the first commercial joint stock bank to be granted a license in Vietnam.
Sai Gon Joint Stock Commercial Bank or Saigon Commercial Bank, abbreviated as SCB, is the largest commercial bank in Vietnam by assets, founded in 2012 and headquartered in Ho Chi Minh City. It was founded by the fusion of 3 small banks and was controlled by businesswoman and real estate developer Trương Mỹ Lan. From 2012 until 2022 SCB issued Lan 93% of its loan portfolio, more than 2,500 loans worth over US$44 billion.
Military Commercial Joint Stock Bank, commonly referred to as MB Bank, is a Vietnamese commercial joint stock bank, a subsidiary of the Ministry of Defense of Vietnam.
Saigon Thuong Tin Commercial Joint Stock Bank, commonly referred to as Sacombank, is a Vietnamese commercial joint stock bank established in 1991.
