Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has posted positive business results in the first half of the year despite the COVID-19 pandemic.
Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has set a goal of posting 16.8 trillion VND (728.1 million USD) in pre-tax profit this year, the bank’s annual general meeting on April 16 heard.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has issued a range of credit solutions to remove difficulties and support enterprises affected by the COVID-19 pandemic.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and the Vietnam Bank for Agriculture and Rural Development (Agribank) will provide credit packages worth 60 trillion VND (2.5 million USD) and 100 trillion VND respectively to support customers amid the COVID-19 pandemic.
The International Finance Corporation (IFC) investor group is now no longer a major shareholder of the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), after selling more than 55.7 million shares of the bank.
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) on September 17 inaugurated the headquarters in Vientiane of its affiliate VietinBank Laos.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) on March 15 unveiled its joint project with the central Quang Ngai People’s Committee on building 150 charity houses for local needy residents.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has become the first Vietnamese lender to be named on the list of the top 300 most valuable banking brands, as recently announced by the Brand Finance.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) opened a new branch in the Lao capital of Vientiane on November 28, the second Lao branch the bank has opened since 2015.
Prime Minister Nguyen Xuan Phuc has asked the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to boost its transparency, financial potential and management capacity in line with international standards.
The High-level People’s Court in Ho Chi Minh City has upheld charges and sentences for former officials of Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) ruled at the first instance trial for their wrongdoings at the bank.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has reported it earned over 7.23 trillion VND (318.6 million USD) in pre-tax profit in the first nine months of 2017, up 11.5 percent year-on-year. The figure is equal to 82.2 percent of VietinBank’s target set for the whole year.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) will issue 200,000 non-convertible, non-guaranteed ten-year bonds, worth 2 trillion VND (88.04 million USD).
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