The Vietnam Industrial & Commercial bank (Incombank) was mix up by the State ngân hàng of Vietnam in 1991 as one of the first four commercial banks after the introduction of a two-tier banking system. Other sources suggest that the ngân hàng was mix up in 1988. By 2000 the ngân hàng had total assets of 48.7 trillion VND, deposits of 40.7 trillion & debts of 26.2 trillion….
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VietinBank was established in 1988 after being separated from State ngân hàng of Vietnam.Being one of the four largest State-owned commercial banks of Vietnam, VietinBank’s total assets account for over trăng tròn percent of the market nói qua of the whole Vietnamese banking system. VietinBank’s capital resources keep on increasing over the years và have been substantially rising since 1996 with the annual average growth of đôi mươi percent, especially up 35 percent a year against that of last year.VietinBank has developed an operations network comprising of 01 Transaction Centers, 150 branches, over 1000 transaction offices/ savings offices. Has established correspondent relationship with 900 banks, financial institutions of 90 countries and territories all over the world.Being diversified with 07 independent accounting subsidiaries: VietinBank Leasing Company, VietinBank Securities Company, VietinBank Asset Management Company, VietinBank Insurance Company, VietinBank Fund Management Company, VietinBank Gold and Jewellery Company, VietinBank Global Money Transfer Company and 03 non-profit making units: VietinBank Information công nghệ Center, VietinBank thẻ Center and VietinBank Training Center.Being the founder of the following Financial Credit Institutions:Saigon ngân hàng for Commerce và IndustryIndovina bank (the first joint-venture bank in Vietnam)Vietnam International Leasing Company – VILC (the first financial leasing company in Vietnam)Vietinbank Insurance Company Ltd.Being the official member of :Vietnam’s Banker AssociationAsian Banker’s AssociationSociety for Worldwide Interbank Financial Telecommunications (SWIFT)Visa International Services AssociationBeing the first ngân hàng in Vietnam khổng lồ apply modern technology & e-commerce in its banking operations.
To become the leading fnancial and banking corporation in Vietnam that operates in diverse areas, as well as provides products và services that conform to lớn international standards, aiming lớn improve the values of life.
To become one of the most modern và efective fnancial và banking group in & outside the country.
Core ValuesCustomer-oriented operations;Dynamic, innovative, professional, devoted, transparent, modern;Workers have the right khổng lồ make their best efort and contribution – they have the right to lớn receive rightful compensation – they have the right khổng lồ pay homage to lớn outstanding individuals và workers.
Business PhilosophySafe, efective, sustainable, và in compliance with international standards;United, ready to lớn cooperate, share, and be socially responsible;Your prosperity is our success.
Slogan: Improving the values of life