Home / Tag Archives: Vietinbank

Tag Archives: Vietinbank

VietinBank in top 500 global banking brands

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has been named in the top 500 banking brands globally with a trademark value of US$271 million. According to the list, recently launched by The Banker, the world’ leading banking-financial magazine, VietinBank ranked 328th, a 106-place leap from its position …

Read More »

Banks lower profit expectations for the year

Amid economic difficulties, many banks have proposed lowering their profit targets for this year. Experts have said that the trend will continue by the end of the year. The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) and the Bank for Foreign Trade of Vietnam JSC (Vietcombank) have …

Read More »

Vietinbank to get US$65 million from foreign banks

The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) signed a US$65 million loan contract with four major foreign banks in Hanoi on December 10. These banks include Commerzbank Aktiengesellschaft – Germany’s second largest bank and the world’s top 50 biggest banks; ChinaTrust Commerical Bank Co.,Ltd – Taiwan’s …

Read More »

Banks find it difficult to achieve annual profit targets

A number of commercial banks risk falling short of their annual profit targets after being disadvantaged by strict lending controls, low credit growth rates, and rising bad debts. According to the Joint Stock Commercial Bank for Foreign Trade of Vietnam‘s (Vietcombank) third quarter report, most banks’ margins were disappointingly lower …

Read More »

VietinBank lends VND6.2 trillion to EVN

Vietnam Bank for Industry and Trade (VietinBank) and Vietnam Electricity Group (EVN) on Thursday signed a VND6.2-trillion credit contract to finance Duyen Hai 3 thermal power plant. According to VietinBank’s statement released on Thursday, the credit will help EVN pay for its engineering, procurement and construction (EPC) contract and settle …

Read More »

Big Vietnamese banks seek new manganement for new year

Big Vietnamese banks seek new manganement for new year

The year of 2011 has seen the biggest human resource change at the top levels of Vietnamese banking sector, with many banks appointed new leaders. This is just part of the ongoing financial restructuring that is occurring in the country. On December 26, Vietnam Technological and Commercial Joint Stock Bank …

Read More »