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VietinBank
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Big 4 banks represent 41.9% of total credit, 50% of total deposits
Vietnam's four largest commercial banks - Vietcombank, BIDV, Agribank and VietinBank (the Big 4) - in 2023 accounted for 41.9% of total outstanding loans and about 50% of the total deposits of the country's banking system.
Bank fails to sell Hanoi $2M penthouse in three auctions
VietinBank is set to auction a penthouse with prices starting at VND54.1 billion ($2.2 million) in Hanoi for the fourth time, following three unsuccessful attempts to sell this collateral property.
State-owned lenders pay dividends with shares to hike capital
Three of the “Big Four” state-owned lenders either will pay dividends with shares as a way to raise capital this year.
November 17, 2023 | 04:46 pm PT
VietinBank to sell 358 properties to collect debts
State-owned VietinBank is selling 358 foreclosed properties pledged by loan borrowers, including four- and five-star hotels, worth a total of VND8 trillion (US$337.69 million) to realize their debts.
July 3, 2023 | 08:27 pm PT
OceanBank chairman returns to VietinBank as deputy CEO
VietinBank has recalled Do Thanh Son and made him deputy CEO after seven years at OceanBank, which he successfully led out of trouble.
October 13, 2022 | 12:02 am PT
VietinBank Securities eyes another record year
VietinBank Securities eyes record profits again this year though the stock market itself is likely to be down.
March 22, 2022 | 02:40 am PT
VietinBank pioneers online foreign exchange services
VietinBank has launched FX Online 24/7, allowing customers to perform transactions at any time, anywhere on platforms VietinBank eFAST and VietinBank Ipay.
November 12, 2021 | 06:00 pm PT
General director of VietinBank appointed new chairman
Vietnam Bank for Industry and Trade (VietinBank) has elected General Director Tran Minh Binh as the bank's new chairman for the 2019-2024 term.
September 8, 2021 | 02:43 am PT
VietinBank pre-tax H1 profits up 75 pct
State-owned lender VietinBank has recorded pre-tax profits of VND13 trillion ($565.2 million) in the first six months of 2021, a year-on-year increase of 75 percent.
June 30, 2021 | 05:00 pm PT
VietinBank to pay dividends in shares for last three years
The government has approved VietinBank's plans to pay dividends for 2017-19 at a total rate of 28.79 shares for every 100 owned.
May 24, 2021 | 08:55 pm PT
Manulife to become VietinBank’s exclusive insurance partner with Aviva purchase
Canadian insurer Manulife will acquire the Vietnamese business of British company Aviva and its 16-year bancassurance deal with VietinBank.
December 14, 2020 | 08:42 pm PT
VietinBank eyes 29 pct charter capital hike
State-owned VietinBank plans to increase its charter capital by nearly 29 percent to VND47.9 trillion ($2.07 billion) by issuing shares to pay dividends.
November 16, 2020 | 11:47 pm PT
IFC unloads VietinBank stake
World Bank’s International Finance Corp (IFC) has shed a 1.5 percent share in VietinBank following an earlier divestment.
January 14, 2020 | 12:29 am PT
VietinBank profits surge 83 pct
VietinBank, Vietnam's third largest bank by asset, has reported an 83 percent increase in pre-tax profits to almost VND11.5 trillion ($495 million) in 2019.
January 7, 2020 | 10:33 pm PT
‘Big 4’ banks low on capital, could stop lending
Vietnam’s four major state-owned banks might have to stop lending due to their low capital adequacy ratios, a central bank official has warned.
December 2, 2019 | 09:01 pm PT
IFC offloads 1.5 pct stake in VietinBank
The International Finance Corporation (IFC) has sold nearly 57.4 million shares of VietinBank, a 1.54 percent stake.
November 20, 2019 | 04:16 am PT
VietinBank issues bonds worth $43 million
VietinBank, Vietnam’s fourth largest listed bank by market capitalization, is selling bonds worth VND1 trillion ($43 million) to the public.
October 9, 2019 | 03:43 am PT
South Korean firm to invest $700 mln towards cashless payment in Vietnam
Financial solutions firm Alliex will invest over $700 million to build shared Point of Sales (POS) across Vietnam.
September 20, 2019 | 06:00 pm PT
Vietnam commercial banks report no losses in H1
Among 25 banks that have announced first-half business results, none reported losses and some have posted robust profit growth.
August 1, 2019 | 04:22 am PT
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